North Carolina Tax Return Preparer Sentenced to Prison for Preparing and Filing False Tax Returns with the IRS | WPN World People News

A Guilford County, on November 14, North Carolina resident was sentenced to serve 18 months in prison for aiding and assisting in the preparation of false tax returns, announced Principal Deputy Assistant Attorney General Caroline D. Ciraolo, head of the Justice Department’s Tax Division, and U.S. Attorney Ripley Rand of the Middle District of North Carolina.

Marvin Flythe admitted that he ran “TAXHOVA,” a tax preparation business in Greensboro, and maintained a YouTube video channel on which he advertised TAXHOVA. Between January 2012 and January 2015, Flythe prepared and filed numerous individual income tax returns for clients on which he reported false business losses and false unreimbursed employee business expenses. Flythe admitted to filing at least 36 false returns for clients, for which $130,949 in fraudulent refunds were paid. Flythe also admitted to filing false personal returns which underreported his income for tax years 2011, 2012 and 2013 and failing to file his 2014 return.

Flythe pleaded guilty in August to four counts of preparing false individual income tax returns for clients. In addition to the term of prison imposed, Flythe was ordered to serve one year of supervised release and to pay restitution in the amount of $105,128.04 to the Internal Revenue Service (IRS).

Source: U.S. Department of Justice