More: 5 things you can learn from your tax return.
Be ready to lose your job or worse.
If and when theres a judgment against an alleged cheater, the cheater still has the right to appeal, she says.
"The volume of claims and/or tips they have been receiving with really substantial documentation or support has increased dramatically since the inception of this program.".
Tina Orem is a staff writer.
You should also be prepared to submit any documents that you have that will substantiate your claims, or you must indicate that you don't have access to any documentation.Despite the program's success and generous rewards, the exhaustive information required and fear of retaliation are still huge deterrents in recruiting IRS informants.Tina Orem NerdWallet, published 6:30 AM EDT May 1, 2016.Failure to file tax returns is a form of tax evasion.(If the suspected cheater is an individual, he or she must also make more than 200,000 a year.) Below those thresholds, the award is discretionary. .The IRS is equally tight-lipped with suspected cheaters.NerdWallet, a personal finance website.Dont expect constant updates.You'll have spouses - or ex-spouses probably - as well as ex-employees turning in their employers said Raabe.View results, cDs Money Market, in a recent poll from the IRS Oversight Board, 13 of those surveyed think cheating is acceptable, up from 9 in 2008.