Posted on November 17, 2010.
Is tax evasion or simply stupitya My employer owns two legitimate businesses and a couple of "paper" companies. it buys vehicles for the franchise company A, registered and insured to Company A.. but writes himself a heavy "lease" payment to Company B. He also buys all kinds of materials and services for Company B and his home, and with Company A pays the money, and notations as materials for company A
it is blatant about it - go as far as the registration of the private vehicle of his son as a business vehicle and pay himself a lease payment.
it just seems dishonest. How do I report ita
It is both stupid and fraud and that he will not go away with him
yes, fraud
its legal system
MYOB
If you are very aware of the company, call the IRS hotline to get your reward being whistleblowers:
Whistleblower - Informant Award
The IRS Whistleblower Office pays money to people who complain about people who do not pay the taxes they owe. If the IRS uses the information provided by the informant, the informant may grant up to 30 percent of the additional tax, penalties and other money it collects.
Go to this link and find your local office based on the card, then call
http://www.irs.gov/localcontacts/index.h ...
If you do not have proof of your statement to the IRS, and he finally returns proofing products with tax records, you'll be hot spot. The weight of your choice and do what is right.
Dear A: Hard to follow your logic, but if you are sure it is fraud, report it to the IRS on Form 4598.
