Individuals who provide the IRS with information leading to collection of unpaid taxes may receive an IRS whistleblower award. A former securities trader provided information about his previous employer and applied for an award. The IRS denied it. He then asked the U.S. Tax Court to allow him to proceed with the claim anonymously, citing possible future economic harm. The court denied his request. To remain anonymous, a whistleblower must show how disclosing his or her identity would cause harm and the former securities trader failed to do that. (TC Memo 2018-118)
