{"id":542597,"date":"2010-04-24T10:16:13","date_gmt":"2010-04-24T14:16:13","guid":{"rendered":"tag:consumerist.com,2010:\/\/1.10004902"},"modified":"2010-04-23T17:46:11","modified_gmt":"2010-04-23T21:46:11","slug":"irs-pays-good-money-for-tax-snitches","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/542597","title":{"rendered":"IRS Pays Good Money for Tax Snitches"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/consumerist.com\/assets_c\/2009\/11\/alcapone-thumb-150x153-18385.jpg\">         <\/p>\n<p>If you know someone is cheating on their taxes and your pulse quickens at the thought of the IRS paying <strong>you<\/strong>, then then check out the <a href=\"http:\/\/www.irs.gov\/compliance\/article\/0,,id=180171,00.html\">IRS Whistleblower &#8211; Informant Award program<\/a>. It&#8217;s a program that rewards you for providing &#8220;specific and credible information&#8221; that the IRS can use to collect &#8220;taxes, penalties, interest, and other amounts&#8221; from a cheat.<\/p>\n<p>This isn&#8217;t a &#8220;my neighbor next door can&#8217;t possible afford that new Porsche he bought&#8221; type of information, we&#8217;re talking specifics and, in most cases, documents. In most cases it&#8217;s business related, with the whistleblower being someone privvy to sensitive documents such as a banker or administrative assistant.<\/p>\n<p>How much can you earn? There are two types of awards based on some qualifications, the first of which is dollar amount:<\/p>\n<ul><\/p>\n<li>Amounts in dispute are greater than $2,000,000 or individuals with more than $200,000 of annual gross income &#8211; IRS pays 15-30% of the amount collected.<\/li>\n<p><\/p>\n<li>Amounts in dispute are less than $2,000,000 or individuals with less than $200,000 of annual gross income &#8211; IRS pays 15% of the amount collected up to $10,000,000 (if you&#8217;re wondering how the math works out, this award can also be discretionary, which accounts for the disconnect).<\/li>\n<p>\n<\/ul>\n<\/p>\n<p>If you have reams of damaging documents and are wondering where to go, the IRS explains <a href=\"http:\/\/www.irs.gov\/compliance\/article\/0,,id=181292,00.html\">how you file a Whistleblower Award Claim<\/a>. <\/p>\n<p>With our <a href=\"http:\/\/www.treasurydirect.gov\/NP\/BPDLogin?application=np\">national debt<\/a> nearing $13 trillion dollars, we can use all the help we can get!<\/p>\n<p><em>Jim doesn&#8217;t cheat on his taxes and can usually be found writing about personal finance at <a href=\"http:\/\/\/www.bargaineering.com\/articles\/\">Bargaineering.com<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you know someone is cheating on their taxes and your pulse quickens at the thought of the IRS paying you, then then check out the IRS Whistleblower &#8211; Informant Award program. It&#8217;s a program that rewards you for providing &#8220;specific and credible information&#8221; that the IRS can use to collect &#8220;taxes, penalties, interest, and [&hellip;]<\/p>\n","protected":false},"author":5731,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-542597","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/542597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5731"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=542597"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/542597\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=542597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=542597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=542597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}