Alabama Woman Indicted for Tax Fraud

A federal grand jury in Montgomery, Alabama, returned an indictment on March 28, 2012, charging Wanda Davis with filing false federal income tax returns, the Justice Department and the IRS announced on April 2, 2012. The indictment was unsealed April 2 following Davis's initial appearance. 
 
Davis is charged with twenty-three counts of filing false tax returns for clients. According to the indictment, from 2007 to 2011, Davis prepared twenty-three false tax returns while working at Davis Fast Tax and later her own business, Davis Tax Service. The tax returns claimed false deductions and business, resulting in inflated tax refunds.
 
An indictment merely alleges that crimes have been committed, and the defendant is presumed innocent until proven guilty beyond a reasonable doubt. If convicted, Davis faces a maximum of three years in federal prison for each of the twenty-three false tax return counts. Davis is also subject to fines if convicted.
 
This case was investigated by IRS Criminal Investigation special agents. US Department of Justice Tax Division trial attorneys Michael Boteler and Chad Spraker are prosecuting the case with the assistance of the US Attorney's Office in the Middle District of Alabama.
 
Related articles:

 

Source: US Department of Justice

 

You may like these other stories...

Legislation coming out of Washington just might reduce homeowners' burden for disaster insurance. It's a topic very much on everyone's minds since the mudslide in Oso, Washington. The loss of human life was...
Divorce is hard, and the IRS isn't going to make it any easier. The IRS generally says "no" to tax deductions that might ease the pain of divorce. In certain circumstances, however, you might be able to salvage...
IRS chief: New rule on the way for tax-exempt groupsIRS Commissioner John Koskinen told the USA Today on Monday that the agency will likely rewrite a proposed rule regulating the political activities of nonprofit groups to...

Upcoming CPE Webinars

Apr 17
In this exciting presentation Excel expert David H. Ringstrom, CPA shares tricks that you can use with pivot tables every day. Remember, either you work Excel, or it works you!
Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.