New Yorker Pleads Guilty to Conspiring to File False Returns (He should have hired SELIG & Associates)

 

Another New Yorker pled guilty on [20 October 2020] to conspiracy to defraud the United States, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division. According to the indictment, the New Yorker filed false tax returns with the assistance of a return preparer. From 2011 through 2019, the New Yorker and others prepared and filed false returns through two tax preparation firms that reported significant tax withholdings based on fictitious Forms 1099-OID, in an effort to fraudulently obtain refunds from the IRS. The Forms 1099-OID falsely reported that financial institutions, creditors, and other entities had withheld federal income tax, when in reality no such taxes had been withheld. The New Yorker also filed false returns for himself and others, claiming more than $2,125,872 in refunds from the IRS. U.S. District Judge Eric R. Komitee scheduled sentencing for Feb. 24, 2021. The New Yorker faces up to five years in prison, as well as monetary penalties. As part of his plea agreement, the New Yorker has agreed to pay restitution to the IRS.

 

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