Sunday 12 July 2015

The IRS Tax Whistleblower Rewards Program, With Joe Piacentile

By Bob Oliver


Originally created in December of 2006, the IRS Tax Whistleblower Rewards Program was designed in order to follow the False Claims Act. To say that the FCA matters would be an understatement, especially amongst those who direct attention to fraud. As a result, it's easy to see why the aforementioned program matters so much. Even though there are many who know all too well about this detail, others may be curious to know about these details from minds like Joe Piacentile.

It goes without saying that many of us do not want to pay taxes. Simply put, they cut into the pay we make on a routine basis, which is especially unfortunate when you think about the responsibilities that said pay covers. Regardless, we continually pay our taxes, whether it's done to keep certain institutions operational or what have you. With that said, you can probably imagine that problems can occur when these payments aren't made on a regular basis, if at all. Consider these details, as told by Joe Piacentile.

Keep in mind that, nine times out of ten, people ultimately fail to get away with paying taxes. When this happens, you may actually wind up owing more than what you did previously, meaning that it's definitely not worth the risk. There's also the matter of your credit score possibly taking a hit, which can make achieving a loan, for one reason or another, needlessly more difficult. For those who are aware of situations where taxes are being paid, the IRS Tax Whistleblower Rewards Program is worth noting.

What about eligibility, as it relates to the payoff of the IRS Tax Whistleblower Rewards program, you may wonder? If you talk to authorities such as Joseph Piacentile, you may learn that a taxpayer's gross annual sum must be over $200,000. This isn't all, though, as that very individual's potential level of debt in the future - either in the form of taxes or what have you - must be greater than $2 million. If these details are accounted for, the aforementioned reward will be yours to claim.

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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