3. The length tax fraud has taken place including years

4. The social security number or Employer Identification Number of person you're reporting.

5. Any relevant financial records which pertain to fraud.

6. Any documents or records which substantiate fraud.

7. The date of birth of person you're reporting.

The rewards for reporting tax cheat can be hefty. If IRS does investigate and recover money from your information, you may be entitled to anywhere from 1% and 15% of money they recover - up to $10 million. The IRS has a minimum payout of $100 which means any tax cheating reported has to be in thousands of dollars for any chance of you receiving a reward. For more information on rewards, you can visit www.irs.gov and look at publication 733 - Rewards for Information Provided by Individuals to Internal Revenue Service.

Planning For Your Child’s Future It is not important that you rush into a college savings plan, but rather, that you find a plan that works for you over time! Many college savings plans are available for new parents through a variety of companies that can be found through either a financial advisor or through searches on internet. Take all things into account. Will your child want a public or private education? Will your child attend school in-state or out-of-state? Obviously, these answers will only be hypothetical for now (he/she is just a few days old, remember!), but just enter entire process with an open mind. You have 18 years to save for college – but you can start too early!

This article is distributed by NextStudent. At NextStudent, we believe that getting an education is best investment you can make, and we're dedicated to helping you pursue your education dreams by making college funding as easy as possible. We invite you to learn more about College Savings Plans at http://www.NextStudent.com.