Since 2006, however, the IRS has neither investigated nor prosecuted thousands of whistleblower claims involving billions of dollars in unpaid taxes by corporations and high net worth individuals
(PRWEB) March 19, 2013
The Corporate Whistle Blower Center says, "We believe the underground untaxed US cash economy is probably bigger than all but a few of the largest top industrial economies on earth. It's called keeping two sets of books, and with the Obama Administration so focused on squeezing every possible nickel out of the hands of the rich, you'd think the federal government would have a robust program to go after big time tax cheats. Unfortunately, the IRS has no such plan, and a meaningful IRS whistleblower program is long overdue." The Corporate Whistle Blower Center is not alone in their assessment of the US IRS's whistleblower program. On May 10th 2012, according to Forbes Magazine, Senator Charles Grassley was quoted as saying, "I can't understand why the IRS Whistleblower Office has been so slow to process cases, and make rewards?" The Corporate Whistleblower Center says, "A whistleblower would be insane to trust the US IRS with a significant tax fraud case, out of fear the IRS would mess it up, do nothing, or not even understand why the tax fraud was even a problem."
More proof from the Corporate Whistle Blower Center:The Hill March 13th 2013, "Seven years ago, when the IRS opened its Whistleblower Office, whistleblower advocates welcomed the initiative as another arrow in the government’s quiver to pursue tax cheats and fraudsters. Since 2006, however, the IRS has neither investigated nor prosecuted thousands of whistleblower claims involving billions of dollars in unpaid taxes by corporations and high net worth individuals. The IRS paid less than 10 rewards and thousands of claims remain languishing in a system hamstrung by obstructive administrative rules and narrowly tailored legal opinions. The IRS Chief Counsel appears to be hostile toward whistleblowers. The IRS can do a much better job."
Some First Hand Examples Of The IRS Bungling Major Tax Fraud Whistleblower Cases From The Corporate Whistle Blower Center:
- In October of 2006 President Bush signed into law the Unlawful Internet Gambling Enforcement Act. The Corporate Whistle Blower Center almost immediately started an investigation. By the spring of 2007, the group already had enough evidence to prove one of the largest US banks was laundering Internet gambling proceeds to US Internet gamblers, along with the one of the biggest banks in Germany-via its US offices. The tax fraud was in the hundreds of millions of dollars. The Corporate Whistle Blower Center says, "We presented our information to the Justice Department, and the IRS. No US banks, or German banks doing business in the US were ever punished for the money laundering, or tax fraud?"
- The Corporate Whistle Blower Center in 2006 approached the US IRS about major national homebuilders using a phoney 1099 tax fraud scheme, in which undocumented workers primarily from Mexico helped build many of the homes during the US housing boom from 2004-2006. The group estimates over one million undocumented workers were involved. These workers were 1099'd, and called subcontractors by the major homebuilders, and few if anyone paid any federal, or state taxes. Again no action on the part of the US IRS?
The Corporate Whistle Blower Center says, "There needs to be a major overhaul at the US IRS's whistleblower program, there needs to be transparent ways for whistleblowers, and their attorneys to provide the IRS with information about major tax fraud, or money laundering without fear the IRS would not ignore the information, or be so incompetent as to not even be able to understand the information they are being given, and the process must be transparent for the whistleblower, and their attorneys." http://CorporateWhistleBlowerCenter.Com