Thursday, February 11, 2010
Question of the day: Would you rat out your boss if he were cheating Uncle Sam?
Do you know that Uncle Sam is paying you to snitch on your boss, landlord, neighbor or father-in-law? According to the MSN website, the IRS will pay you to inform Uncle Sam of the cheaters' shinanigans. Yeah of course you could be fired, evicted, or ostrasized if your either of them found out, but you will be a lot richer. Supposedly, you are giving Uncle Sam an annonymous tip. So maybe he/she won't find out. This article continues to state that the tax fraud, including penalties, interest and possessions must add up to at least $2 million. If it is an individual committing the fraud, they have to earn $200,000 annually. Before you decide what to do, first ask yourself if it is worth it? Is it okay to cheat the government if you're poor? Ha! Ha! Don't do it.
at 6:35 PM