Did you know that, as part of the IRS’s new program, whistleblowers may recover 15 to 30 percent of the amount collected (provided the taxes and amounts in dispute exceed $2 million)? The fact is that over the last 10 years, the federal government issued record-breaking awards to whistleblowers to reward those who report misconduct. Several federal agencies now have formal whistleblower programs in place, which have granted hundreds of millions of dollars in awards for those who report violations of the False Claims Act, Sarbanes-Oxley, Dodd-Frank, and the Internal Revenue Code. With so much money at stake, understanding federal whistleblower programs is critical for practitioners.
The new Surgent CPE webinar, “Understanding How the IRS Rewards Whistleblowers,” provides a two-hour overview of the various federal whistleblower programs, with an in-depth look at the IRS Whistleblower Program in particular. Participants will learn the process for preparing and pursuing a claim, take a look at the practitioner’s role in the claim process, and gain an understanding of why claims succeed or fail.
Whistleblowing claims receive bipartisan support in Congress, which explains in part why reporting fraud is a growth industry. Whether you work for a corporation that may one day confront a whistleblower claim or you serve as a trusted advisor to clients who are considering reporting a claim to the IRS, this course will help CPAs and other practitioners stay informed.