$38 Million Reward Oct26

$38 Million Reward

Anonymous IRS Whistleblower Awarded $38 Million. WASHINGTON, Oct. 26, 2012  – The Ferraro Law Firm announced today that the Internal Revenue Service (“IRS”) has awarded $38 million to one of its clients for providing information about a tax avoidance scheme perpetrated by...

FBI Fraud Bust May16

FBI Fraud Bust

WTSP reports a story of a raid organized by the joint forces of the FBI, Secret Service, U.S. Marshals and IRS on a home of a business man in Riverview near Tampa, Florida. “U.S. prosecutors allege the Bay Area business man who lives in the home, Osama “Sam” Mustafa, was one...

Tax Loopholes May16

Tax Loopholes

A new article by Forbes.com focuses on the fast-spreading story of a story entitled “13 Investigates: IRS tax loophole.” According to Forbes, “This is not a loophole. It’s tax fraud. Those are two totally different things. And Channel 13 knows...

IRS Refund Delays? May11

IRS Refund Delays?

ABC7 reports that the IRS is considering delaying tax refunds until later in the summer of 2012 in order to deal with rampant issues of identity theft. One solution discussed on Capitol Hill is to delay refunds until summer so the IRS can compare returns and more easily spot fraud. “Such...