Did You Know You Can Earn Money by Turning in Tax Cheaters?
Well it's that time of year again time to tally our tax bill for last year. It used to be a happy time of year for me when I was a single Mom, I always got a refund from the IRS. Now that I am a married woman in a duel income home that reality has changed. The good news is we are getting a refund this year Because I have an excellent accountant and I claim 'Single and 0' on my W-4. I wouldn't dream of cheating on my taxes but if you know someone who does you could earn a reward from the IRS. Here's the scoop:
A new survey by the IRS Oversight Board reveals that 12% of Americans believe it is ok to cheat on your taxes. Other findings:
- 86% of people say it's "not at all" acceptable to cheat on taxes
- the IRS rewards those, who snitch on tax cheats. They pay a reward of 15% to 30% of any amount exceeding $2 million that it collects from a tax cheat. The reward is 15% (max) for anything less than $2 million