The IRS Tax Whistleblower Rewards Program, With Joe Piacentile

By Bob Oliver

In December 2006, the IRS Tax Whistleblower Rewards Program was put into effect. For those who are unfamiliar, this was created with some inspiration from the False Claims Act, which those who have directed attention to fraud will be all too familiar with. Of course, there are many others who may be lost as to what this is all about. To expand your know-how, here are just a few points, supported by Joe Piacentile, which can help you better evaluate what this topic is all about.

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.

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.

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.

About the Author:

For further details about what you've just examined, in addition to Joseph Piacentile, please contact Joe Piacentile today.. This article, The IRS Tax Whistleblower Rewards Program, With Joe Piacentile has free reprint rights.