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Wednesday, 15 July 2015

The IRS Tax Whistleblower Rewards Program, With Joe Piacentile

By Bob Oliver


The IRS Tax Whistleblower Rewards Program was created in December 2006, modeled somewhat after the False Claims Act. If you are someone who has ever directed attention to fraud, you probably know about the FCA to an extent. By proxy, you may be somewhat familiar with the program mentioned earlier, but what if you are not? For those who are curious to know what this is all about, here are a few details from Joe Piacentile that you'd be wise to consider.

Taxes is one point of discussion that many of us do not wish to have. Simply put, we do not want to have to pay more than what we need, regardless of what we hear about what they're used for. Some of most commonly cited uses for taxes include the building of roads, which is important for the sake of improvement. However, when people attempt to slip by without putting forth this type of payment, it's easy to see that problems can arise. These are concerns which Joe Piacentile can draw attention to.

You have to consider some of the setbacks that can occur when taxes aren't paid. Those who attempt to get away with this may actually find their credit scores lowered, which doesn't exactly bode well for them in the long run. What about the threat of further legal trouble, which is another topic that deserves its own piece? In any event, most individuals do not get away with skipping on their taxes, which is due in part to the IRS Tax Whistleblower Rewards Program.

With these details in mind, you may be curious as to what the eligibility of the IRS Tax Whistleblower Rewards Program entails. One of the most standout details, according to names like Joseph Piacentile, is that an individual's gross annual sum must exceed $200,000. In addition, that individual's potential level of debt - this could be related to tax or additional penalties - must be over $2 million. If these topics are covered, you will be able to benefit from this very program.

The IRS Tax Whistleblower Rewards Program comes with a number of details, some which stand out more than others. You may not always be involved in the process of whistleblowing, but who's to say that this can't help you in the future? When you're involved in this particular aspect of life, it's vital to be as prepared as possible. Information is the best tool that you can take advantage of, meaning that you should keep your mind open to obtaining more.




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