Brown, PC Brown, PC Tax Practice Group 888.870.0025
Call for an initial consultation
Call 888.870.0025

Tax Preparer Sentenced to 2 ½ Years in Prison

A Durham, North Carolina woman is in hot water after being convicted and sentenced on charges that she falsified hundreds of thousands of dollars' worth of tax returns in what seems to be an elaborate scheme that took place while she worked for a tax preparation business.

Tasha Renee Smith has been ordered to pay the Internal Revenue Service $375,578 in restitution and serve 2 ½ years in prison on a charge of conspiracy to defraud the IRS.

Prosecutors claim that "falsification was rampant" in Smith's tax preparation businesses where she also committed identify fraud. Cases of Smith's fraud date back to as early as 2005 while she worked for Nothing But Taxes.

Smith went out of her way to find and buy locals' names, dates of birth and Social Security numbers so she could falsely list them as dependents on tax returns. She would then charge extra for each dependent listed. Nothing But Taxes was stripped of its electronic-filing rights in 2012. At least eight others associated with the company have been charged.

Smith then went on to create Tax Wizards with two partners. The Department of Justice reported Smith tried to keep a low profile at Tax Wizards, only encouraging fraud in the amount of $1,200 to $1,500 in an attempt to keep the IRS away. Smith also had a hand in founding two other tax return businesses in Durham, Burlington, Roxboro and Kinston, all of which participated in fraudulent returns, according to the DOJ.

Source: Kenney, Andrew, "Durham tax preparer sentenced for fraud conspiracy," News Observer, July 31st, 2014

No Comments

Leave a comment
Comment Information
Print this Page
Email Us For A Response

Request A Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Information

Brown, PC
500 Main Street
Suite 400
Fort Worth, TX 76102

Phone: 817-870-0025
Fax: 817-870-0515
Map & Directions