When Congress enacted a new law in 2006, they declared anyone offering information on a company evading taxes would be compensated with a percentage of the amount not being collected. Now, keep a few things in mind when considering to contact the government in these cases. First, the amount that a business or company would owe to the IRS must be equal to at least $2 million. If the amount owed is less than that figure, the monetary reward would not apply. Also, it is more beneficial to be the first party to disclose tax evasion to the IRS as only the fist person will be compensated. This does not apply to individuals who ‘cooked’ or tampered with the books to later blow the whistle on their employer. For more information on this concept, give our tax attorneys in Maryland a call. We’ll be happy to fill in the blanks.