Federal court shuts down Nevada tax return preparer
Posted by AccountingWEB in Community News, Watchdog, Bad Guys News on 09/17/2009 - 11:20
A federal court has permanently barred Francis Kenneth (Frank) Albert of Sparks, NV, from preparing federal income tax returns for others, the Justice Department has announced. The court found that Albert repeatedly engaged in fraudulent or deceptive conduct in preparing returns.
According to the government complaint in the case, Albert engaged in several different schemes while preparing returns. These included inventing fake businesses, fabricating expense deductions and fabricating charitable contribution deductions. The complaint alleged that Internal Revenue Service audits have revealed that Albert's schemes have cost the government at least $1.1 million.
Since 2001, the Justice Department has obtained injunctions against more than 425 tax preparers and tax-fraud promoters. Information about these cases is available on the Justice Department Web site.
Source: U.S. Department of Justice
- 2692 reads
Tags
Accounting and Auditing
Administrative
AICPA
Auditing
Busy Season Daily Workplace Exercises
Careers
Celebrity news
CFO
Consulting
Conversations
Economy
Education
Education and careers
Excel
Excel tips
FASB
Financial Reporting
Firm news
Government
Guest articles
Health care
Human Resources
IFRS
Income tax
International
IRS
IT
Legal issues
Legislation
Marketing
Mergers
PCAOB
Personal Finance
Practice Development
Practice Management
QuickBooks
Retirement
Sarbanes-Oxley
SEC
Self-Improvement
State and Local
Students
Tax
Technology
Training
Trends
Watchdog
Workplace Fitness
Workshops
XBRL





Gail Perry, CPA