IRS Informant Paid $4.5 Million Under New Whistleblower Program

The IRS has paid an accountant a $4.5 million award – the first under the new provisions of the Whistleblower Program – for finding $20 million of tax underpayment by his employer. CPA’s and accountants nationwide have taken notice of this case and the importance of reporting tax fraud. The new IRS whistleblower law gives anyone with information about large-scale tax underpayments including accounting errors or tax fraud up to 30% of any money collected based on the information provided. In addition, under this new program, the identity of the whistleblower remains private. Jeffrey Newman presently represents tax whistleblowers with significant claims under the new tax whistleblower program. For more information contact his office at 617-823-3217 or at