Archive for November, 2008

Tax evasion robs developing countries of $900bn a year

Sunday, November 30th, 2008

Nearly every country is experience a financial crisis.  Therefore, it seems that the world is in tune to the underpayment of taxes.  As revealed in a recent article, the world's poorest countries lose $900bn each year - nearly 10 times greater than the global aid budget - through illicit flows of ...

The Expanding World of the Whistle Blower

Monday, November 24th, 2008

The new (December 2006) IRS Tax Whistleblower Prgram appears to be successful beyond expectation.  The IRS is nearing 500 open cases (in excess of $2,000,000)since the program began 23 months ago.  In 2005 the IRS had only two cases that exceeded $2,000,000 under the informant reward program.  It appears that ...

Notice of Third-Party Contacts and Whistleblowers

Thursday, November 20th, 2008

The principals of www.RewardTax.com were recently asked a question by a Whistleblower, for which the answer is important enough to include in this blog.  The Whistleblower is very concerned about confidentiality and does not want the target to know that he was turned-in under the Tax Whistleblower Reward Program.  The Whistleblower hopes that the ...

IRS Pursues Swiss Private Banker

Thursday, November 13th, 2008

In the on-going saga of the IRS vs. Swiss Banks, the IRS has raised the stakes.  The U.S. has indicted Raoul Weil, a member of the executive board of UBS, for income tax evasion.  The story was reported by the Wall Street Journal on Thursday, November 13, 2008.  The principals at ...

Role of the Attorney in Tax Whistleblower Cases

Tuesday, November 11th, 2008

At www.RewardTax.com, I frequently receive calls from potential Whistleblowers who are "on the fence" with regard to whether to hire an attorney or "go it alone."  Although it is not necessary to hire an attorney to file a claim under the Tax Whistleblower Reward Progam, an attorney can be an ...

Principals of www.RewardTax.com Complete Presentation to AICPA

Sunday, November 9th, 2008

The principals of www.RewardTax.com, Tom Pliske & Rob Stientjes, completed their presentation regarding the Tax Whistleblower Reward Program to the attendees of the 2008 AICPA Symposium in Washington, DC on October 29, 2008.  The AICPA Symposium is attended by over 400 leaders of the largest and best CPA firms in the ...

When a Whistleblower Stands Too Close To The Fire To Be Rewarded

Sunday, November 2nd, 2008

I have blogged on several occassions about former executives of companies who become Whistleblowers against their former employers.  In fact, I have heard more than one IRS employee comment regarding the Tax Whistleblower Reward Program, "The moral of the story is--Don't fire your CFO."  This story, which I'm about to ...