Comments on: Report a Tax Cheat for a Feel Good Reward http://toughmoneylove.com/2009/04/22/report-tax-cheat-money-reward/ The Hard Truth about Money and Personal Finance Thu, 11 Mar 2010 22:09:16 +0000 http://wordpress.org/?v=2.9 hourly 1 By: marty w. http://toughmoneylove.com/2009/04/22/report-tax-cheat-money-reward/comment-page-1/#comment-4113 marty w. Sun, 26 Apr 2009 10:05:17 +0000 http://toughmoneylove.com/?p=3330#comment-4113 Does the IRS happen to have the Secretary of Treasury Geitners address among mumerous members of congress???????????? Does the IRS happen to have the Secretary of Treasury Geitners address among mumerous members of congress????????????

]]> By: Clair Schwan of Libertarian Logic http://toughmoneylove.com/2009/04/22/report-tax-cheat-money-reward/comment-page-1/#comment-4072 Clair Schwan of Libertarian Logic Wed, 22 Apr 2009 18:58:01 +0000 http://toughmoneylove.com/?p=3330#comment-4072 I was the victim of larceny in 2007, and my testimony in 2008 helped put the guy in jail for 2 years. We was ordered to pay back the $1,000 and I'm going to turn him into the IRS for the $8,000 that he stole ($7,000 recovered) and all the money I paid him as a hired hand, because I'm certain he didn't claim any of that cash money. I was amazed that no one in law enforcement or the DAs office had ever heard of anyone turning in the thief because of their criminal gain, yet the 1040 form says clearly on the first page that you need to report all earnings, even those from illegal activities. I'm also going to file a civil suit against this low-life so I can attach wages when he gets out of prison and gets employed. Can you say: white on rice? Clair I was the victim of larceny in 2007, and my testimony in 2008 helped put the guy in jail for 2 years. We was ordered to pay back the $1,000 and I’m going to turn him into the IRS for the $8,000 that he stole ($7,000 recovered) and all the money I paid him as a hired hand, because I’m certain he didn’t claim any of that cash money.

I was amazed that no one in law enforcement or the DAs office had ever heard of anyone turning in the thief because of their criminal gain, yet the 1040 form says clearly on the first page that you need to report all earnings, even those from illegal activities.

I’m also going to file a civil suit against this low-life so I can attach wages when he gets out of prison and gets employed. Can you say: white on rice?

Clair

]]> By: PW http://toughmoneylove.com/2009/04/22/report-tax-cheat-money-reward/comment-page-1/#comment-4069 PW Wed, 22 Apr 2009 18:20:10 +0000 http://toughmoneylove.com/?p=3330#comment-4069 Can we collect that reward for Geitner and all the other politicians that don't pay their taxes? Can we collect that reward for Geitner and all the other politicians that don’t pay their taxes?

]]> By: My Journey http://toughmoneylove.com/2009/04/22/report-tax-cheat-money-reward/comment-page-1/#comment-4065 My Journey Wed, 22 Apr 2009 16:45:41 +0000 http://toughmoneylove.com/?p=3330#comment-4065 Wow, never heard of this before, that being said it is a horrible idea. If the gov't wants to audit more people, hire auditors and do it. As you joke throughout the post, if this program was more popular it would simply lead to revenge "tattle-telling." There are few situations that I can think of where one would have more than revenge to turn someone in AND have detailed nature of their taxes? Where are the ramifications if the person is absolved of any wrong doing? Can he sue for malicious prosecution? Can he recover for the legal fees usually associated with an audit? Wow, never heard of this before, that being said it is a horrible idea. If the gov’t wants to audit more people, hire auditors and do it.

As you joke throughout the post, if this program was more popular it would simply lead to revenge “tattle-telling.” There are few situations that I can think of where one would have more than revenge to turn someone in AND have detailed nature of their taxes?

Where are the ramifications if the person is absolved of any wrong doing? Can he sue for malicious prosecution? Can he recover for the legal fees usually associated with an audit?

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