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The IRS pays whistleblowers 15-30% of recovered tax funds for reporting illegal tax activity. In 2013, over $53 million was paid in rewards. To qualify, the tip must be for individuals making $200,000+ or corporations making $2 million+. Additional tax facts are provided.
The Internal Revenue Service (IRS) Whistleblower Office was established in 2006 to process reports of individuals who witness illegal tax activity, and the IRS pays whistleblowers monetary rewards which are 15% to 30% of recovered tax funds following their suggestions. In 2013, it was estimated that the IRS paid whistleblowers more than $53 million US dollars (USD) in reward money. To qualify for a whistleblower reward from the IRS, the tip provided must be for individual taxpayers making at least $200,000 USD annually or corporations making at least $2 million USD annually.
Learn more about taxes in the United States:
It is estimated that up to 90% of Americans who employ personal domestic workers, such as health care assistants or basitters, do not report them correctly on their taxes.
Approximately 7.6 billion hours are spent on taxes each year in the United States.
From the early 1900s to the early 2000s, the length of the US Tax Code increased by more than 16,000% in terms of page count.
