IRS to Hold Public Hearing on Proposed Regulations for Whistleblower Awards

Summary

The Internal Revenue Service (IRS) is holding a public hearing to gather feedback on proposed regulations for the Whistleblower Award Program, which provides financial incentives for individuals who report underpayments of tax or violations of the Internal Revenue Code. The hearing aims to clarify the process for submitting information and filing claims for award, as well as the procedures for determining and paying awards.