Birkenfeld Award Boosts Payout Under IRS Whistleblower Law

The Internal Revenue Service paid $125.4 million in whistleblower awards in fiscal year 2012, or about 21% of the $592.5 million it collected in previously unpaid taxes as a result of the information supplied by those who came forward to report wrongdoing. A $104 million award award made to former UBS banker Bradley Birkenfeld helped boost the IRS award total.

This complete story can be read here.