(PRWEB) January 14, 2013 </p><p> The Corporate Whistle Blower Center is saying, "The underground US cash economy may be in the hundreds of billions of dollars each year, and its probably bigger than the GDP of all but a few of the top industrial countries GDP, and it is all untaxed. With the new tax the rich theme song coming from the Administration, and the US Senate we expect the underground cash economy in the United States will get even bigger. In our opinion the tax cheats, or money launderers have little to worry about because the IRS is not exactly warm, welcoming and transparent; especially when it comes to whistleblowers trying to step forward with proof of major tax fraud." 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, " We can show Senator Grassley, and his colleagues instance, after instance where we gift wrapped whistleblower cases, where the tax fraud was in the tens of millions, hundreds of millions, or billions of dollars, and because of incompetence, or pure negligence, the IRS dropped the ball. We think IRS whistleblower cases should be generating north of a hundred billion dollars a year to the US Treasury, but nothing changes, unless the US Congress forces the US IRS to change their culture. In its current condition 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." http://CorporateWhistleBlowerCenter.Com</p>
<p>Some First Hand Examples Of The IRS Bungling Major Tax Fraud Whistleblower Cases From The Corporate Whistle Blower Center:
<br /></p> 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, or billions 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?<p>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." http://CorporateWhistleBlowerCenter.Com</p>
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Orignal From: Corporate Whistle Blower Center Urges Congress To Force The IRS To Create A Easy Path For Whistlenlowers In Major Tax Fraud Cases-The Taxpayers Deserve Better
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