by Hilary Lefko | May 16, 2011 | Award Determinations, Criminal Fines, Guidance, IRS Whistleblower Office
Last week, Ferraro Law Firm partner, Scott Knott, spoke at the IRS’s public hearing on Proposed Treasury Regulations on the definition of “collected proceeds” in the context of paying whistleblower awards under section 7623. Scott joined other...
by Lynam Knott | Apr 21, 2011 | Award Determinations, Criminal Fines, Guidance
PMTA 2010-60, Criminal Fines and Whistleblower Awards [PDF], is a line in the sand signaling that the IRS is willing to litigate whether criminal fines are properly included in “collected proceeds.” The Proposed Treasury Regulations [PDF] are...
by Lynam Knott | Apr 21, 2011 | Award Determinations, Guidance, Withholding on Award Payments
We informed the Whistleblower Office three years ago that we did not believe that the IRS was either required to or had the legal authority to withhold on award payments to whistleblowers under section 7623. With the payment earlier this month of the first...
by Lynam Knott | Apr 19, 2011 | Award Determinations, Guidance
Yesterday I filed comments with the Treasury Department [PDF] on behalf of our clients about the Proposed Regulations regarding what “collected proceeds” [PDF] should mean when determining whistleblower awards under section 7623(b). There will...
by Lynam Knott | Apr 8, 2011 | Award Determinations, IRS Whistleblower Office
A month ago on this blog I said “The first tax whistleblower award payments under the enhanced provisions of section 7623(b) are imminent, likely within the next couple months or sooner.” I got a lot of questions from colleagues and clients about it,...
by Lynam Knott | Mar 7, 2011 | Award Determinations, IRS Whistleblower Office, Judicial Review
The first tax whistleblower award payments under the enhanced provisions of section 7623(b) are imminent, likely within the next couple months or sooner. It’s been a long time coming, but some whistleblowers are finally going to be awarded for turning in...
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