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- The Internal Revenue
Service (the "IRS") has a formal policy that can
reward informants for turning in tax cheats. Informants to
the IRS can get cash rewards based on the value of the
information they furnish. Here are IRS guidelines for
determining awards:
If your evidence was
sufficient enough to begin an investigation and it
leads to a recovery - you obtain 10% of the first
$75,000, 5% of the next $25,000 and 1% of the
remainder.
If your evidence was
helpful, though not specific, in determining
liability, the award is 5% of the first $75,00, 2.%%
of the next $25,00 and 1/2 of 1% of any additional
recovery.
If your evidence
triggered an investigation, but did not help to
establish liability, the award is 1% of the first
$75,000 recovered and 1/2 of 1% of the rest.
Before you turn in a tax cheat make you
know what your doing. Being an informant on a former spouse
can be physically and mentally dangerous. Individuals who
cheat on their taxes are breaking the law. It is possible
that these individuals may get mad should they discover that
you reported them to the IRS.
In addition, if you know enough to turn in
your former spouse after you are divorced, it is possible
that the IRS will review returns when you were married. Given
the level of tax evasion, you may have a difficult time
explaining to the IRS how you did not know about the tax
evasion while you were married. Accordingly, the innocent
spouse rule (which allows for a spouse who was unaware on a
joint return to escape personal liability) may not be
accepted by the IRS.
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