Inconsistent chatter from a Sacramento-based 'Sconi attorney.

Thursday, May 17, 2007

Just when you though you hated the IRS enough...

The IRS Whistleblower Law:

The IRS recently received important tips from informants hoping to cash in on a law offering sharply higher rewards in cases involving large amounts of tax cheating and other violations. Since the law was enacted in December, the IRS has received about 20 reward claims, some involving hundreds of millions of dollars, says Stephen Whitlock, head of the IRS's new whistleblower office. Under that law, informants generally may collect as much as 30% of whatever the IRS eventually collects, including penalties and interest.

No comments: