Stephen M. Kohn, tax evasion lawyer at Kohn, Kohn & Colapinto, was quoted in Bloomberg Tax yesterday regarding new Internal Revenue Service (IRS) procedures established to crack down on fraudulent tax schemes.
The developments involve agreements between the IRS and the Alcohol and Tobacco Tax and Trade Bureau (TTB), and the IRS and Environmental Protection Agency (EPA).
Tax-dodging schemes such as tax evasion and money laundering frequently cost the U.S government millions of dollars. The new procedures allow for the expansion of the IRS whistleblower program into the world of tobacco excise tax crimes and fuel tax credit abuse.
From Bloomberg Tax:
Tax secrecy has taken on an almost religious quality for the agency over the years, said Stephen M. Kohn, a founding partner at Kohn, Kohn & Colapinto LLP. Both agreements illustrate a loosening of constraints to allow the IRS to have essential discussions with other federal agencies when working on enforcement cases, he said.
This is especially good news for whistleblowers because of the growing frequency of multi-agency jurisdiction in their cases, said Kohn, who represents such individuals.