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953 nut

 

National Report IRS Tax Fraud Day is observed on April 10 every year. This day was founded by attorney Joel Hesch, who served as a Whistleblower Reward Officer for the Department of Justice for 16 years. This day was established to raise awareness about the I.R.S. Whistleblower Incentive Program and other such rewards. Later on, Mr. Hesch started an independent law firm to assist whistleblowers to claim prizes under various government reward schemes, like the I.R.S. Tax Fraud Reward Programs.

Congress approved the Revenue Act of 1862 to generate funds for the American Civil War and to start the Bureau of Internal Revenue. The Sixteenth Amendment to the U.S. Constitution was sanctioned in 1913, which enabled Congress to levy an income tax, regardless of the source. The Bureau of Internal Revenue was also created shortly. The Internal Revenue Service (I.R.S.) was established in 1953, and has undergone several modifications and reforms ever since.

For the benefit of the federal government, the I.R.S. is in charge of collecting most of the revenue. In 2021, it processed more than 261 million tax returns and collected more than 4.1 trillion dollars in gross taxes. In 1867, a reward program was established to enable the I.R.S. to reward people who reported tax fraud.

 

 

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SylvanLakeWH

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ranger

Would the ‘Whistleblower’ have to declare the ‘reward’ as income on their tax returns?🤔

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