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Philadelphia-area accountant gets $4.5M for reporting his employer's tax cheating

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A suburban Philadelphia accountant who reported his employer's dishonesty was the first to receive a multimillion-dollar award from the IRS Whistleblower Office, the Associated Press reports.

"It ought to encourage a lot of other people to squeal," Sen. Charles Grassley told The Associated Press. The Iowa Republican helped get the IRS Whistleblower Office authorized in 2006.

The IRS mailed the accountant's lawyer a $3.24 million check that arrived in suburban Philadelphia by first-class mail Thursday. The sum represents the award minus a 28 percent tax hit.

The lawyer, Eric L. Young of Blue Bell, won't release the name of his client or the firm because his client remains a small-town accountant, and hopes to continue to work in his field.

Original source: Associated Press
Read the full story here.
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