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Taxes Information |
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Know A Tax Cheat? Get Paid To Tell The IRS
According to the IRS, taxpayers underpay their taxes by some $300 billion. If you know someone that is contributing to that deficit, the IRS may be willing to pay you up to $10 million for the information you provide. The bigger the cheating you report, the more you're likely to receive. The most important thing to claim your reward is quality documentation. Without documentation of the cheating going on, it's unlikely that the IRS will investigate the charges and thus no money bonus for you. As might be expected, the IRS receives a lot of information that is merely a hunch or because someone is trying to get back at somebody. If you feel you have information and documentation to back up your report, the IRS would be extremely interested in hearing from you. You can contact the IRS toll free at 1-800-829-0433 if you suspect tax fraud. When contacting them, you'll be expected to provided the following information: 1. Your name or an alias 2. The name and address of the person you're reporting 3. The length the tax fraud has taken place including the years 4. The social security number or Employer Identification Number of the person you're reporting. 5. Any relevant financial records which pertain to the fraud. 6. Any documents or records which substantiate the fraud. 7. The date of birth of the person you're reporting. The rewards for reporting the tax cheat can be hefty. If the IRS does investigate and recover money from your information, you may be entitled to anywhere from 1% and 15% of the money they recover - up to $10 million. The IRS has a minimum payout of $100 which means any tax cheating reported has to be in the thousands of dollars for any chance of you receiving a reward. For more information on the rewards, you can visit www.irs.gov and look at publication 733 - Rewards for Information Provided by Individuals to the Internal Revenue Service. Copyright (c) Jeffrey Strain. He is owner of http://www.newtaxdeductions.com - a website dedicated to helping you save money on your taxes.
MORE RESOURCES: BLAKELY — Garbage fees will rise, but Blakely Borough Council doesn’t plan to hike electric rates or add property taxes as part of its proposed 2009 budget presented this week. GREENFIELD - The value of single-family homes in the city has dropped, but the tax rate is projected to rise, yielding an overall increase in taxes for the average homeowner. The Three Gorges Project has turned over a total 20.277 billion yuan in national taxes since its first generating unit began operation on July 10, 2003, according to the State Administration of Taxation of the Three Gorges dam zone in Yichang, Hubei province. Since the first turbine generator was put in use, there are now 26 turbine generators in operation as of October 30 this year. By adding ... ST. PAUL (AP) — Minnesotans are set to pay more property taxes next year if a number of proposed local tax levies are adopted. The government should move to collect taxes on assets to help close off loopholes in the tax system and raise funds to develop the country's social safety net, according to local academics. Despite a stable general fund budget and no projected increase in real estate taxes, there was a downside to the Loyalsock Township budget work session Thursday afternoon. It involved another sewer rate increase as the township deals with federal- and state-mandated sewer system improvements. Residents will see a 15-percent increase in sewer rates for 2009. The Treasurer Michael Aird is not ruling out new taxes as Tasmania faces financial circumstances he is calling exceptional. (Springfield, MO) -- Have you got your property tax bill in the mail yet? Notices for real estate and personal property taxes were mailed out in Greene County last week. RALEIGH, N.C. -- Higher taxes or fees for drivers and vehicle owners could be on the horizon if the Legislature agrees with recommendations tentatively approved Wednesday by a state transportation panel. The 21st Century Transportation Committee asked the General Assembly to consider raising the automobile sales tax and vehicle registration fees or even charging motorists for how many miles they ... LIVINGSTON, Mont. — A Montana man awaits sentencing in Minnesota for failing to pay more than $500,000 in federal taxes on the wages of people in his medical staffing business. |
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