Do you ever feel robbed when you see someone cheating on their taxes? Now you can get rich by simply filing an IRS Whistleblower Form 211! And do it On-Line!
The IRS Whistleblower Office pays money to people who blow the whistle on people or businesses who fail to pay the tax that they owe. If you provide sufficient information the IRS can use to catch the crook, you can receive up to 30 percent of the additional tax, penalty and other amounts it collects.
The IRS Whistleblower Office
The Whistleblower Office provides a step-by Step set of instructions for folks who see or suspect someone committing tax fraud. The links is: “https://www.irs.gov/pub/irs-pdf/f211.pdf”
The IRS will pay forensic whistleblowers who provide specific and credible information to the IRS if the information results in the collection of taxes, penalties, interest or other amounts from the noncompliant taxpayer. However, you can’t just suspect they are crooks, you need to be able to provide sound and solid information, not speculation. So don’t expect the IRS to help you solve personal problems, go after your Ex, or get even with a business you don’t like.
What are the rules for getting the reward?
There are two types of awards:
- If the taxes, penalties, interest and other amounts in dispute exceed $2 million, the reward can be between 15% to 30% of the amount collected.
- If the case deals with an individual tax cheat, the perp’s annual gross income must be over $200,000.
- If the total amount is less than $2 million, the maximum award is15%.
But remember, the awards are discretionary and the informant cannot dispute the outcome of the claim in Tax Court. The rules for these cases are found at Internal Revenue Code Section 7623(a) – Informant Claims Program. If you decide to submit information and seek an award for doing so, use IRS Form 211. The same form is used for both award programs.