Tax fraud accusations come against former tax preparers
November 10, 2020
Accusations of trying to pull the wool over the eyes of the U.S. government can come with potentially steep penalties. If individuals are accused of tax fraud, they could face lengthy court proceedings, during which they will undoubtedly try to defend against the allegations. Unfortunately, these types of cases can be tricky to handle, which it is why it is prudent to have the right help.
Two Texas residents are currently facing accusations in another state of fraudulent activity relating to their former tax preparation business. According to reports, the man and woman owned and operated the business and allegedly knowingly filed tax returns with incorrect information. These returns apparently led to inflated tax credits and refunds for clients, which were reported as totaling approximately $1.4 million over the course of six years.
The individuals are also accused of charging approximately $800 for each tax return they helped file and purportedly requiring clients to give them a portion of the tax refunds received. They are currently both facing charges of conspiracy to defraud the United States and aiding or assisting the filing of false income tax returns. The latter charge involves 18 counts.
Allegations of tax fraud are complex matters, and it is important that any parties in Texas or elsewhere know how to handle their cases in the best manner possible. Without the right information on their legal rights and defense options, accused individuals could end up in an even more difficult position than they already face. Fortunately, they have the opportunity to gain assistance and information from legal professionals if desired.