I've read that the IRS rarely investigates the reports of whistle blowers. Bloomberg claims only 0.2% of whistle blowers ever receive compensation and usually it takes 7 years. I can name names. First party with at least 10 years at probably more than $1 million a year taxes, not revenue. Most of the staff is off the books and at least some are also illegal. The manager, now fired, was stealing money off the books. The accountant is also a cheat, a party to the fraud and actually steals from the revenues. I thought -man I'm going to turn them in but it looks like I'm wasting my time based on news reports. Am I wasting my time or is it worth it to turn them in?
From a civic duty standpoint, if you are aware of criminal activity, you should report it to the proper authorities. Whether you receive a financial benefit from doing so should not be a factor in your decision to report the activities.
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