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#WhistleblowerPayouts Tag

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...

SEC Has 6,500 Whistleblowers: PR Spin UnSpun

  July 29, 2014 According to the WSJ: 6,500 people offered confidential information under the whistleblower program of the Securities and Exchange Commission. The agency set up the program in mid-2011 with hopes of eliciting dirt on corporate wrongdoers. It offers a bounty of up to 30% of penalties for any...