The IRS is paying more to turn in tax cheaters

Juliet@LaBovick.com (LaBovick Law) — Wed, 28 Mar 2007 21:49:25 -0500

Smart Money magazine article summed it up appropriately in their headline: The IRS is paying more if you turn in your friends. The author, Lisa Scherzer, contacted a few law firms that publish qui tam blogs and handle qui tam and tax fraud issues. Our very own, Brian LaBovick, former U S Attorney for the Department of Justice, Managing Partner, LaBovick LaBovick & Wald, and publisher of the Whistleblowerlawblog was quoted as saying "You have to come to the government with new and valuable information. The more information you have, the better the results of your recovery." Other other qui tam attorneys and qui tam bloggers were: Michael Finch, The Whistleblowerlawyerblog, and Paul Scott, Taxwhistleblowers.org.

The Smart Money article highlighted the fact that if your employer, co-worker, landlord, neighbor or father-in-law is raking in fistfuls of cash and bypassing Uncle Sam, you can anonymously report the abuse to the IRS and snag a windfall from their dishonesty. As long as the total amount of tax fraud comes out to at least $2 million (including penalties, interest, and whatever else the government ultimately collects based on your report), you can get a 15% to 30% cut.

Click Here to read more on the Smart Money magazine article covering the IRS and tax cheaters.

smart money - Whistleblower Law Blog

The IRS is paying more to turn in tax cheaters