by: Jeffrey Strain
According to the IRS, taxpayers underpay their taxes by some $300 billion. If you know someone that is contributing to that deficit, the IRS may be willing to pay you up to $10 million for the information you provide. The bigger the cheating you report, the more you're likely to receive.
The most important thing to claim your reward is quality documentation. Without documentation of the cheating going on, it's unlikely that the IRS will investigate the charges and thus no money bonus for you. As might be expected, the IRS receives a lot of information that is merely a hunch or because someone is trying to get back at somebody.
If you feel you have information and documentation to back up your report, the IRS would be extremely interested in hearing from you. You can contact the IRS toll free at 1-800-829-0433 if you suspect tax fraud. When contacting them, you'll be expected to provided the following information:
- Your name or an alias
- The name and address of the person you're reporting
- The length the tax fraud has taken place including the years
- The social security number or Employer Identification Number of the person you're reporting.
- Any relevant financial records which pertain to the fraud.
- Any documents or records which substantiate the fraud.
- The date of birth of the person you're reporting.
The rewards for reporting the tax cheat can be hefty. If the IRS does investigate and recover money from your information, you may be entitled to anywhere from 1% and 15% of the money they recover - up to $10 million. The IRS has a minimum payout of $100 which means any tax cheating reported has to be in the thousands of dollars for any chance of you receiving a reward. For more information on the rewards, you can visit http://www.irs.gov and look at publication 733 - Rewards for Information Provided by Individuals to the Internal Revenue Service.
About The Author
Copyright (c) Jeffrey Strain. He is owner of http://www.newtaxdeductions.com - a website dedicated to helping you save money on your taxes.
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Know A Tax Cheat? Get Paid To Tell The IRS
Know A Tax Cheat? Get Paid To Tell The IRS
by: Jeffrey Strain
According to the IRS, taxpayers underpay their taxes by some $300 billion. If you know someone that is contributing to that deficit, the IRS may be willing to pay you up to $10 million for the information you provide. The bigger the cheating you report, the more you're likely to receive.
The most important thing to claim your reward is quality documentation. Without documentation of the cheating going on, it's unlikely that the IRS will investigate the charges and thus no money bonus for you. As might be expected, the IRS receives a lot of information that is merely a hunch or because someone is trying to get back at somebody.
If you feel you have information and documentation to back up your report, the IRS would be extremely interested in hearing from you. You can contact the IRS toll free at 1-800-829-0433 if you suspect tax fraud. When contacting them, you'll be...
Know A Tax Cheat? Get Paid To Tell The IRS
Tax help > Know A Tax Cheat? Get Paid To Tell The IRS
Business Entities ? A Quick Guide
Business Entities ? A Quick Guide
by: Richard A. Chapo
Business entities comes in so many types that business owners can easily get confused. Here?s a quick guide that will hopefully shed a little light on business entities for you.
Business Entities
"C" Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The shares of the corporation may be ?taken public? and traded on stock markets. Google is an example of a publicly traded ?C? corporation.
Foreign Corporation: A corporation doing business in a jurisdiction beyond where it was formed. Microsoft is a Washington corporation. When it does business in New York, it is considered a ?foreign corporation.?
General Partnership: A business effort involving two or more people, known as partners. Each partner is liable for all partnership debts and obligations regardless participation and contribution...
Business Entities ? A Quick Guide
Tax help > Business Entities ? A Quick Guide
Telecom Data Systems, President
Telecom Data Systems, President
by: Marvin Mitchell
History has proven that gold provides excellent investment opportunities during times of inflation, political unrest, and economic uncertainty. With terrorism on the rise, record oil prices, and an ever increasing Federal deficit, we believe the price of gold will explode in the near future.
Many wealthy individuals and large corporations seem to agree with our assessment. We've noticed a large number of institutional investors purchasing gold and other precious metals. To benefit from this trend, we do not need to be privy to everything they know - but for simplicity sake, we may want to imitate the things they are doing.
Today, I am urging all our members, customers, and partners to consider opening an e-gold account. Since e-gold is backed 100% by gold bullion, buying e-gold is like buying physical gold, but easier.
A couple of years ago, I opened an e-gold account with some...
Telecom Data Systems, President
Tax help > Telecom Data Systems, President
A Publisher?s Rant ? Why I Hate Your Byline
A Publisher?s Rant ? Why I Hate Your Byline
by: Halstatt Pires
I?m a publisher for numerous sites. I HATE many of your articles. Here?s why I hate the byline of your article and what you can do about it.
Bylines
The byline of an article is your chance to pimp your site and yourself. I don?t really care what you write. There only time I would forgo using an article because of the byline would be if you?re one of those people that writes seven or eight lines of text. Please try to keep it to three lines or less.
Something To Consider
If you?re writing articles, you undoubtedly know it is a great way to build the link count for a site. Assume you put two links in the byline of an article. Assume further that 60 sites publish your article. You have effectively generated 120 links for your site, a number that would take forever if you were pursuing reciprocal link trades.
Article links are also valued highly by search engines...
A Publisher?s Rant ? Why I Hate Your Byline
Tax help > A Publisher?s Rant ? Why I Hate Your Byline
What Does Extending Your Taxes Mean to You?
What Does Extending Your Taxes Mean to You?
by: Tiffany J. Morisue
Introduction
As the tax filing deadline is quickly approaching, many procrastinators and those who legitimately are just not ready to file their returns become stressed out and frantic, trying to meet what may virtually be an impossible deadline.
Many would rather rush to get their returns prepared than file an extension.
Common concerns include, but are not limited to, being flagged as a late filer, being assessed penalties, or being more likely to be audited.
If you are one of these individuals, I hope that I can put your mind at ease and inform you of what it really means to extend your tax return and the benefits of doing so.
A few notes before getting started:
- This article is written assuming a tax year that is the same as the calendar year, which is the case for most individual taxpayers.
- If a tax deadline...
Tax help > What Does Extending Your Taxes Mean to You?
Quick Guide to Accounting Training
Quick Guide to Accounting Training
by: Kate Leas
Are you considering an accounting education but confused by all the jargon? This is a quick guide to understanding the different specialties associated with accounting careers and the training you will need to be successful.
Business cannot function without people who monitor, evaluate, and synthesize productivity, financial, and resource data. Accounting, or accountancy, is the practice of collecting and measuring data in order to allocate resources. Most often accounting is specific to a business?s finances. Auditing is a related field whereby records are reviewed and a conclusion reached; resulting in a recommendation for action; geared to ensure efficiency and to improve performance and ensure adherence to standards and principles. A simple example of the workplace relationship follows: An accountant would enter and keep track of payroll and company expenses. An auditor would review the records...
Quick Guide to Accounting Training
Tax help > Quick Guide to Accounting Training
Strengthen Your Website Content With Online Database Access
Strengthen Your Website Content With Online Database Access
by: David Riewe
Website content, as articles, has taken center stage as web publishers scramble to differentiate their online offers. As both the quantity and quality of articles have accelerated, so too have online directories. These directories often resemble mere lists, but they can be powerful content additions that serve to deepen the value of the overall selling proposition by helping users in...
Strengthen Your Website Content With Online Database Access generators Tax help
Tax help > Strengthen Your Website Content With Online Database Access
Tax help Know A Tax Cheat? Get Paid To Tell The IRS purses
What Makes Your Home Business Succeed?
What Makes Your Home Business Succeed?
by: Lil Waldner
A few weeks ago I have written about the ?Key Factors of a successful home business?. A lady has reacted to this article and she has mentioned some important aspects, e.g. ?Is the product a category creator?? I want dwell on this question. What could ?category creator? mean?
From the Creative Idea?
A category creator can be interpreted as a new, creative business idea. It has to be something new...
Tax help socks Know A Tax Cheat? Get Paid To Tell The IRS What Makes Your Home Business Succeed?
Tax help > What Makes Your Home Business Succeed?
Building Your Own Humming Bird Feeder
Building Your Own Humming Bird Feeder
by: Jo Williams
We all know that taking a beautiful photo of humming birds is hard to obtain, even when they are inside cages. The only thing that you could do is buy a hummingbird feeder to bring these birds into photographic distance. But these ready-made hummingbird feeders are somewhat expensive. Worry no more, because you can make your very own hummingbird feeder for free. All you need to do is recycle used or old prescription...
Building Your Own Humming Bird Feeder Tax help Know A Tax Cheat? Get Paid To Tell The IRS vacuum cleaners
Tax help > Building Your Own Humming Bird Feeder