Jacksonville-Area Preparer Allegedly Falsifies Tax Returns, Costing U.S. Treasury More Than $17 Million Dollars
The United States has asked a federal court in Jacksonville, Fla., to stop Thomas G. Bandzul from preparing tax returns for others, the Justice Department announced today.
(Media-Newswire.com) - The United States has asked a federal court in Jacksonville, Fla., to stop Thomas G. Bandzul from preparing tax returns for others, the Justice Department announced today. According to the government complaint, Bandzul has repeatedly prepared federal tax returns that unlawfully understate customersí federal tax liabilities. The suit alleges that Bandzul concocts bogus or inflated deductions, business expenses, education credits and charitable contributions, which he falsely reports on his customersí federal income tax returns.
The suit alleges that the Internal Revenue Service ( IRS ) has examined over 250 tax returns prepared by Bandzul and found that over 90 percent of tax returns understated the taxpayerís liability. According to the complaint, the total harm to the U.S. Treasury caused by Bandzulís misconduct could exceed $17 million.
The suit further alleges that, in some instances, Bandzul filed returns that claimed a refund larger than what Bandzul had disclosed to the taxpayer. Once the refund was paid, Bandzul retained the additional amount without the taxpayerís knowledge.
Claiming bogus tax refunds is one of the IRSís Dirty Dozen Tax Scams. In the past decade, the Justice Departmentís Tax Division has obtained injunctions against hundreds of tax fraud promoters and unscrupulous tax preparers. Information about these cases is available on the Justice Department website.
This story was released on 2013-01-18. Please make sure to visit the official company or organization web site to learn more about the original release date. See our disclaimer for additional information.