Monday, September 8, 2008

IRS Whistleblower Office inundated with claims

The Internal Revenue Service has received more than 600 reports of tax violations from whistleblowers since the Whistleblower Office was established last year, Tax Notes Today reported Sept. 2.

The Whistleblower Office so far has pursued 80 "high-value" cases out of those whistleblower claims, the trade publication says.

The Tax Notes Today article (subscription required) explores the reason for the skyrocketing number of whistleblower reports. It also examines the tax evasion and tax fraud case against Joseph Francis, whose company was behind the "Girls Gone Wild" videos. His former accountant blew the whistle on him with the IRS.