Did you know there is a federal rewards program that pays people to turn in others for cheating on their tax returns? Who’s looking over your shoulder? Should you be concerned? And what do you know that the Feds may want to hear?
Many trusted employees have access to records that their employers entrust to them – accountants, bookkeepers, even those being paid to shred documents.
In 2006, Congress directed the IRS to pay increased rewards to informants of at least 15% and as much as 30% of taxes, penalties and interest collected where $2 million or more is brought in.
