New York Tax Preparer Sentenced for Tax Fraud
by AccountingWEB on
Howard Levine, owner of a Dix Hill, New York, tax preparation business, was sentenced to thirty-seven months in prison for tax crimes, the Justice Department and IRS announced April 26, 2012. Levine was also ordered to pay $320,998 in restitution to the IRS.
On January 5, 2012, Levine pleaded guilty to obstructing the Internal Revenue laws and aiding in the preparation of false income tax returns for clients.
According to the plea agreement and statements made in court, Levine owned and operated Milaur Associates, also known as Milaur Inc. Many of the tax returns prepared by Levine for 2004 through 2009 were false and contained fictitious deductions, business expenses, and corporate losses. According to court documents, Levine admitted to preparing no fewer than fifty-six false income tax returns, resulting in a tax loss of more than $620,000.
In 2009, the US District Court for the Eastern District of New York issued an injunction that barred Levine from preparing federal income tax returns for anyone other than himself. According to the plea agreement, Levine violated that court injunction and continued to prepare false income tax returns for clients. In order to obstruct and mislead the IRS from determining his role in preparing the returns, Levine provided false information in the paid preparer section of the returns he prepared.
Source: US Department of Justice
You may like these other stories...
To read more articles by Eva Rosenberg, MBA, EA, click here and check out the Talk to TaxMama archive.Once upon a time, tax storefronts and offices in primarily non-English-speaking communities were able to make a very nice...
A proposed fiscal year 2015 budget released by President Obama yesterday would provide the IRS with $12 billion in base funding, up 6.3 percent over the 2014 enacted level.The budget would also allot $165 million through an...
High-risk gamble of tax reformChristopher Smith, a former chief of staff for the House Ways and Means Committee and at the US Treasury Department, gave his take today on the tax reform plan unveiled by Ways and Means...
Upcoming CPE Webinars
BAR is an acronym for: Boundaries, Authority and Role. This simple tool will provide participants with a solid understanding of leadership essentials to improve their performance.
This material is designed to provide a start-to-finish overview of how to plan and complete high-quality small audits efficiently.
Key Accounting and Reporting Issues for Nonprofits No. 1: Overview and Statement of Financial Position
This material focuses on non-profit organizations organization, accounting and reporting.
This material focuses on the principles of accounting for non-profit organizations' revenues.