U.S. IRS Whistleblower Program Sees Significant Surge in Awards for Fiscal Year 2023

Whistleblowers have emerged as powerful allies in the fight against financial misconduct. In a noteworthy development, the U.S. IRS Whistleblower Program experienced a remarkable uptick in fiscal year (FY) 2023, with a substantial rise in the total sum of rewards bestowed upon whistleblowers, despite a slight decline in the number of awards granted. The IRS attributes this success to the program's efficacy in utilizing information provided by whistleblowers to bolster tax compliance and enforcement efforts.