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Current Federal Tax Developments · Jan 16, 2026
Voluntary Compliance and Self-Assessed Tax: Clarifying "Collected Proceeds" in Whistleblower Award Determinations
Tax Brief summary and classification of the original reporting.
Bottom Line
💡 Voluntary Compliance and Self-Assessed Tax: Clarifying "Collected Proceeds" i.... Worth reviewing for potential client impact.
Summary
The United States Tax Court, in its recent memorandum opinion Whistleblower 11099-13W v. Commissioner, T.C. Memo. 2026-5, addressed a pivotal question for tax professionals regarding the definition of "collected proceeds" under Internal Revenue Code (I.R.C.) § 7623(b). The case centers on whether...
Classification
Category: fyiPriority: importantReason: Contains 'tax court' - significant update
Affected Groups
All tax practitioners
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Original Source
We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.
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