National Report IRS Tax Fraud Day: History, Facts & Insights

This is an in-depth look at all the must-know facts about National Report IRS Tax Fraud Day (2024) 🗓️ that no one tells you about. National Report IRS Tax Fraud Day is observed on April 10th.

Among the information you’ll find below: the history of National Report IRS Tax Fraud Day, activities to do on and how to observe this holiday, as well as fun facts you may want to know about National Report IRS Tax Fraud Day.

📅 What day is National Report IRS Tax Fraud Day 2024?

In 2024, National Report IRS Tax Fraud Day is on Monday, April 10th. It is the 2nd Monday in April; in 2024, it is Wednesday. There are until the next observance. You also can discover all fascinating details and facts about April 10, 2023, that you might not be aware of.

Every year on April 10th, IRS Tax Fraud Day is observed to bring attention to the Internal Revenue Service whistleblower incentive program and similar rewards. This special day was initiated by attorney Joel Hesch, who previously served as a whistleblower reward officer for the Department of Justice for 16 years. Afterward, Mr. Hesch founded his own legal firm to assist whistleblowers in claiming rewards from various government incentive programs, including the Internal Revenue Service Tax Fraud Reward Programs.

📜 National Report IRS Tax Fraud Day History

The IRS is responsible for collecting most of the money that benefits the federal government. In 2021, they processed over 261 million tax returns and collected more than $4.1 trillion in gross taxes. Back in 1867, the IRS introduced a reward program to compensate individuals who reported tax evasion, but it was rarely utilized. In December 2006, the IRS established the Tax Whistleblower Rewards Program, which sets minimum compensation levels and allows whistleblowers to hire a lawyer to help them claim their reward. However, this program only applies to cases of tax evasion involving $2 million or more. Whistleblowers must complete IRS Form 211 and provide detailed information to be eligible for a reward. This information can also be submitted by their attorney. It’s important to note that both the federal and state governments in the United States have their own tax systems, and taxes can take various forms such as property taxes, income taxes, sales taxes, capital gains taxes, and more.

✅ National Report IRS Tax Fraud Day Facts

🔖 A doubled workforce
In 2012, the number of employees dedicated to preventing identity theft and fraud at the Internal Revenue Service increased significantly, reaching a total of 3,000 workers, more than four times the previous amount.

🔖 Paper forms are error prone
Computerized forms are less prone to errors compared to paper forms.

🔖 The tax code
Every year, Americans dedicate a staggering 6.1 billion hours and a significant $233.8 billion towards complying with the tax law.

👍 Why Is National Report IRS Tax Fraud Day Important

This day adds to the nation’s progress. A country cannot function in the absence of taxes.

The government has devised a number of programs to aid people from various walks of life, ranging from job programs to pension schemes. These assistance schemes are supported by taxes.

The Internal Revenue Service serves the great majority of law-abiding taxpayers. This day emphasizes the necessity of preventing tax fraud and evasion.

🙂 How To Observe National Report IRS Tax Fraud Day

⚡ Spread the word

⚡ Visit the website
To properly commemorate this day, it is highly recommended to educate oneself about the Whistleblower Reward Program. For further information, please visit the official website.

⚡ Report a case of tax evasion
Nobody loves paying taxes, especially those borne by others due to tax evasion. Use this day to educate others about tax evasion. Share information about the whistleblower awards application procedure on social media.

📅 When is National Report IRS Tax Fraud Day?

Explore all 🔗 April holidays, including 🔗 Special Interest and other 🔗 American holidays.

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