Joe Piacentile & Details Of The IRS Tax Whistleblower Rewards Program

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.

Needless to say, certain problems can occur when taxes are not paid for as they should be. If you attempt to get away with this, know that you run the risk of reducing your credit score, which is just the beginning. In the long run, if you try to skip out on paying taxes, you'll actually owe more. Needless to say, this can be a problem, which is why I feel as though it is important for concerned individuals to take note of the IRS Tax Whistleblower Rewards Program.

Now comes the topic of eligibility, which I am sure you must be curious about as well. Joseph Piacentile, in addition to other names, can tell you that the accused's gross annual sum must be over $200,000. This is furthered by the notion that said accused's level of possible debt must be over $2 million; this doesn't include tax alone, either. Hopefully these topics will help you better understand what this program is all about and why it is so beneficial to certain groups.

Hopefully this piece has given you a clearer understanding of the IRS Tax Whistleblower Rewards Program. Even if you're not someone who is constantly involved in this endeavor, it's worthwhile knowledge to have all the same, especially if a situation does arise. You are going to want to be prepared, after all. As you will come to learn, there will no greater asset to you than that of information, so find out as much as you can.




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