by Aleksei Koutin on 02 Sep, 2014 - 0 comments

AUGUST 29, 2014 BY JEFF STIMPSON Some of our favorite recent tax fraud cases. Fredericksburg, Va.: Preparer Daniel L. Jones, 56, has been sentenced to 37 months in prison for aiding in the preparation of fraudulent returns for his clients and making a false statement to the IRS. According to court documents, for many years Jones […]

by Aleksei Koutin on 02 Sep, 2014 - 0 comments

WASHINGTON, D.C. (AUGUST 29, 2014) BY MICHAEL COHN The Securities and Exchange Commission said Friday it has issued a whistleblower award of more than $300,000 to a company employee who performed audit and compliance functions and reported wrongdoing to the SEC after the company failed to take action when the employee reported it internally. The SEC […]

by Aleksei Koutin on 02 Sep, 2014 - 0 comments

A Durham, N.C.-based tax preparer has been sentenced to 30 months in prison for conspiring to defraud the Internal Revenue Service. Tasha Renee Smith must also serve three years of supervised release and pay $375,578 in restitution to the Internal Revenue Service. She pleaded guilty on April 8. For parts of the filing seasons for […]

by Aleksei Koutin on 02 Sep, 2014 - 0 comments

A St. Charles, Mo., tax preparer who was sentenced to six month in prison earlier this year, has now been barred from preparing federal tax returns for others. William Naes drew the prison term for collecting $150,480 in disability benefits from 2005 and 2013 while still running his tax preparation business. Naes was also ordered […]