cicerone imposter wrote:Tax Report: Legislation Raises the Rewards for Tips Uncovering Big Fraud
By Tom Herman, The Wall Street Journal
December 20, 2006
BLOWING THE WHISTLE on tax dodgers may soon be more rewarding.
Legislation expected to be signed into law today by President Bush authorizes the Internal Revenue Service to pay higher rewards to many informants in cases involving large amounts of money. The reward could be as much as 30% of what the IRS collects, a Senate Finance Committee summary says.
More on this article includes:
"Some informants have complained about their treatment by the IRS. At a Senate Finance Committee hearing in 2004, a man dubbed "Mr. ABC," testifying behind a screen, said he worked for a "Wall Street investment bank" and tried to tell the IRS about "abusive" tax shelters. He said his experience with the IRS had been "extremely frustrating and discouraging," and that the IRS was "resistant to and suspicious of" informants.
The committee hasn't identified Mr. ABC, and Erika Kelton, a lawyer at Phillips & Cohen in Washington who says she represented him, declined yesterday to identify him.
A Senate Finance Committee aide says the new provision applies to a tipster with information involving a business or, in the case of an individual, someone whose gross income exceeds $200,000 for any year in question. In either case, the tip must involve taxes, penalties and interest of more than $2 million, the aide says."
see here:
http://www.taxwhistleblowers.org/main/page.php?page_id=13
How misleading of you to leave this out CI. I'm a fraud? lol
What's 15 to 30% of nothin CI?