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When Congress enacted a new law in 2006, they declared anyone offering information on a company evading taxes would be compensated with a percentage of the amount not being collected. Now, keep a few things in mind when considering to contact the government in these cases. First, the amount that a business or company would owe to the IRS must be equal to at least $2 million. If the amount owed is less than that figure, the monetary reward would not apply. Also, it is more beneficial to be the first party to disclose tax evasion to the IRS as only the fist person will be compensated. This does not apply to individuals who ‘cooked’ or tampered with the books to later blow the whistle on their employer. For more information on this concept, give our tax attorneys in Maryland a call. We’ll be happy to fill in the blanks.

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At JDKatz: Attorneys at Law, each of our attorneys brings a unique set of experiences and perspectives to bear on our clients’ legal problems. For each case or task we take on, we assemble a team of lawyers ideally situated to our client’s specific needs and goals. Our managing partner, Jeffrey D. Katz, founded our firm in 2000 after starting his career in the tax department of Big Four accounting firm KPMG Peat Marwick. To learn more about our attorneys’ backgrounds and qualifications, please review their individual profiles.

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MD. (301) 913- 2948
D.C. (202) 600- 2600