Tax Jam: Tax Preparer Preps for Prison
Tax Jam: Tax Preparer Preps for Prison
McCauley Law Offices can help you out of your Tax Jam. Give us a call for a FREE consultation to get started! When the IRS knocks, let us answer. We can help you and you will breathe easier with our team on your side. Today’s story is about a Tax Preparer who is now preparing himself for a stint in the big house. If you feel like the cell door is closing on you, reach out to us today and let our seasoned team help you.
Orland Reed was an employee of a tax preparation business in Mississippi. Reed was sentenced to 27 months in prison for preparing false tax returns for his clients.
Reed prepared returns that included false education credits, dependent information, federal tax withholdings and retirement contributions so he could get larger refunds for his clients. On several occasions he signed the returns with a different preparer’s name. Twice Reed misappropriated portions of his clients’ refunds that were sent by the IRS to the tax preparation business in the form of prepaid debit cards.
In addition to the prison sentence, Reed was ordered to pay restitution to the IRS in the amount of $69,185.
About the Author
Gregory McCauley Jr., Esq.
Tax Attorney · Villanova University School of Law · Admitted in Delaware, New Jersey, United States Tax Court
Gregory McCauley Jr. is an experienced tax attorney who has personally represented more than 1,000 clients in matters ranging from civil tax controversy and IRS examinations to criminal tax defense, U.S. Tax Court litigation, and complex business disputes. His practice is built on a foundation his c...
