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Tax Break for Whistleblowers? PRSpin UnSpun: IRS Edition

August 10, 2014 Accounting Today states that the Internal Revenue Service (IRS) has expanded its awards to whistleblowers, allowing tipsters to claim a potentially greater share of the proceeds the IRS collects on extra tax revenue. The final regulations released Thursday provide guidance for the whistleblower award program...

74% of Federal Whistleblower Lawsuits DO NOT RESULT IN JUDGMENTS

July 24, 2014 If it's been awhile since high school history above is an overview of the Office of the Attorney General (held by Eric Holder); and below are those departments involved in healthcare fraud cases.  5,400 federal whistleblower law suits (also known as "qui tam"...

What do the IRS and JNJ have in Common? Lost emails, Anyone Buying It?

June 14, 2014 Lost emails, hummm where have we seen that before?  Oh yes, ealier this year Johnson & Johnson (JNJ), Ethicon's, Gynecare confirmed they lost or destroyed emails for some of the 22,000 upcoming federal cases against the company for their Gynecare Prolift mesh products. And now...

UPDATED The IRS WINS $373 Million Case Study

UPDATED April 9, 2014 New information changes this story dramatically. $373 million collected from tax fraud whistleblowers 122 awards for a total of $53 million For the case study the money was divided equally among all whistleblowers but We had a good year with the IRS Whistleblower Program because they paid one...