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Seeking Positive or Negative Lay Experiences
By Staff Reporters
Recently, we sent out a call for healthcare, and financial service, whistle-blowers from those working as insiders in these sectors. Now, we seek input – not from doctors, nurses, accountants or financials advisors – but the patients and customers they treat and serve.
Tell us Your Story
And so, do you have a true story about the healthcare system, or financial services industry, that you’d like to share with us; good or bad? Or, some gossip, hearsay, innuendo or a question you’d like to put to our readers?
Conclusion
If so, email us at MarcinkoAdvisors@msn.com Please include the term “lay whistleblower” in the subject line; and a proposed title for your comment. You may remain anonymous, or be cited as an information source as you see fit.
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Whistleblowers Help IRS Find Assets Hidden Overseas
On August 15, IRS attorney John McDougal spoke on an American Bar Association Section of Taxation webcast. He indicated that the IRS is now moving forward in making payments to whistleblowers who disclose information that uncovers overseas assets of Americans.
This whistleblower program is part of the IRS campaign to find assets Americans have hidden overseas to reduce their taxes. The IRS has had significant success in the past year in obtaining information from several Swiss banks on accounts owned by U.S. citizens. If a whistleblower participates in that process, under Sec. 7623(b) the IRS may authorize a cash payment.
Sen. Charles Grassley (R-IA) has been a strong advocate of the whistleblower program. Responding to requests from Sen. Grassley, IRS Commissioner Douglas Shulman reported significant progress. Shulman stated that three cash payments have currently been made, seven payments are pending and 60 other whistleblower cases are in process.
In addition to the whistleblower program, the IRS has offered a partial amnesty for voluntary disclosure of overseas accounts. Over 33,000 taxpayers have voluntarily made disclosure and paid various amounts in penalties.
The IRS continues to seek information from Swiss banks and other overseas institutions to uncover any hidden assets owned by U.S. taxpayers.
Source: Children’s Home Society of Florida Foundation
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