JustinSpeak

Disclaimer: I know these attorneys, and I helped build the site.  Nonetheless, I love the law and hope that S & P and the other law firms out there help clean up some of the white collar crime out there.  Nothing upset me more than the Enron scandal, and this is tool in the toolbox to help fight that battle.

There is more to it than what I’m about to say, but you’ll get the basic idea.  If you know of a business or individual that has underreported at least $2,000,000 in taxes, then you can turn them into the IRS and be rewarded up to 30% of the amount collected.  In other words, say your employer has buried $10,000,000 in some tax shelter, and you rat them out, you’re entitled to up to $3,000,000.  Not a bad gig if you can get it. The name of this program is the Tax Whistleblower Rewards Program.

There are a bunch of tax whistleblower attorneys out there, but the guys at RewardTax are former IRS attorneys.  According to them, and again I’m inclined to believe them since I’ve met them personally, this gives them an insider knowledge that greatly helps your chances of getting the full 30% reward.

In the interest of being fair, here is what I don’t like about the whole deal. First, you have to be very careful.  I imagine the type of people willing to cheat on their taxes to the tune of $2,000,000 or more are probably the same type of people that would do very awful things to those who crossed them.  Second, there is no guarantee the IRS is going to give the award. Even if you have the best attorney in the world, the IRS still has to accept a case and collect the money.  That being said, the IRS is pretty serious about this program.

Working with S & P Law Firm has given me the opportunity to research this program quite extensively.  I’ve scoured every word of all the sites of attorneys that let you report tax fraud. In the end, when you pick your attorney I would look for the following qualifications:

1. They know the program and the law inside and out.
2. They take confidentiality very seriously.
3. They answer every question you have and take their time with you.

If you, my dearest reader, knows someone cheating on their taxes while the rest of us follow the rules, then turn them in to the IRS.  You might make some money too!