How long does it take for the IRS to catch someone after they have been reported ?

Answer 1

First, unless the "whistleblower" is credible AND the potential understatement of tax is significant, the chances of IRS CID even investigating is quite small. They have bigger, fish to fry.

Next, how long is an extremely variable question, based on the nature of the unreported ncome and how "deeply" it is buried.

From relaible contacts within IRS I am told that from beginning to conclusion of criminal investigations can take from one to "many" years.

Finally, is your passport current? (lol)

Hank Roitman, EA

Answer 2

That depends upon the circumstances. If the reported issue does not appear to be worth pursuit it will never be acted upon. More than one blowhard has bragged about not paying taxes but when the IRS looks into the situation they see that it is apparent that taxes were properly paid all along.

If the item you report is something that the IRS is already aware of, your report is essentially meaningless. The IRS will act when they act and that's pretty much the whole of it.

Answer 3

the only way anyone will get "caught"..is if the person failed to report income and comply with the law..

if it was a simple mistake..the taxpayer actually has a chance to amend his filing..

if you happened to report somebody or been reported yourself..either you are someone with retribution in your heart..or someone the IRS can actually help..

We have laws protecting us..the stigma that the IRS is there to chew you up and spit you out is a false one..

a good tax/financial attorney would be a better advocate than advice on Yahoo