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f you knew coworkers, former bosses or exes who cheated on their taxes, would you turn them in? The Internal Revenue Service can make it worth your while.
As tax season nears, we all want to get as much money back from the IRS as possible. And while taking advantage of this year's new tax breaks will put some extra money in your pocket, snitching on a tax cheat could make you rich.
In a recent poll from the IRS Oversight Board, 13% of those surveyed think cheating is acceptable, up from 9% in 2008. As the recession puts the squeeze on household finances, the lure of fudging on a tax return is even greater.
"In a down economy, the temptation to cheat on taxes is much stronger because people are in more desperate situations more often," said Bill Raabe, a tax expert at Ohio State University's business school.
More people may be just as desperate to turn in a business, rat out an ex–spouse or report a colleague to collect a reward.
Small–time crooks: The IRS's informant program has been around for more than 140 years. If you suspect a person is committing tax fraud and report it, you could receive up to 15% of the amount that has been underpaid, with a maximum award of $10 million.
Informants are required to complete a claim, which is available on the IRS Web site, and mail it to the agency or call the IRS tip line at 1–800–829–0433. While you must reveal your identity to the IRS, your name will not be made public.
Originally posted by thisguyrighthere
Everybody snitch on everyone else.
Give them so much to do they couldnt possibly do it.
Grab a phone book and start with Aaron Aaronson.
Originally posted by Phage
I don't see any difference in this than in any other bounty program.
Does it piss me off when I know my friends cheat on their taxes? You bet.
Do I call them on it? You bet.
Does it piss me off when they call me a sucker for playing it straight? You bet.
Am I going to turn them in? I've thought about it, but no, probably not.
[edit on 3/3/2010 by Phage]
All due respect but I have a hard time understanding why someone you know finding a way to NOT have to pay all of their income to the IRS would anger you.
And anyone who snitches on their neighbor for trying to defy the great monster is petty and venomous and cannot be trusted.