$4.5 Million awarded to whistleblower (for a tax cheat)

[Dennis Leahy]

The Center for Public Integrity (I have no idea if they really have any integrity, that's just the name of the group) published an article about a large payout to a whistleblowing accountant:

http://www.publicintegrity.org/blog/entry/3138/

from the article:
"An accountant who tipped off the IRS that his employer was skimping on taxes has received $4.5 million in the first IRS whistleblower award.

The accountant’s tip netted the IRS $20 million in taxes and interest from the errant financial-services firm.

The award represents a 22 percent cut of the taxes recovered. The program, designed to encourage tips in large-scale cases, mandates awards of 15 to 30 percent of the amount recouped.

“It ought to encourage a lot of other people to squeal,” Sen. Charles Grassley told The Associated Press. "

C'mon, accountants, there good money to be be made by dropping a dime on your crooked boss or client! Do it!

Dennis