• Sat. Apr 20th, 2024

IRS Targets Fraudulent Tax Preparation Business in Arizona with Legal Action

BySamantha Jones

Apr 3, 2024
Arizona Tax Business Faces Injunction for Alleged Fraud

A tax preparation business in Arizona and its owners are facing legal action from the Justice Department over allegations of fraudulent activity. The department has requested a permanent injunction to dismantle Golden Heart Tax Services and prevent the defendants from owning or operating a tax preparation business or preparing tax returns.

The complaint accuses Mayuen Ajak, Yier Deng, Bol Guot, Gabriel Kuot, and Golden Heart Tax Services LLC of falsifying tax returns to increase customer refunds and profit through high undisclosed preparation fees. The defendants claimed false fuel, COVID-related, education, and earned income tax credits while fabricating business-related incomes. Many of their customers were immigrants to the United States with limited English proficiency and knowledge of taxes.

The Internal Revenue Service (IRS) estimates that approximately $10 million was lost due to the defendants’ alleged misconduct, which involved underreported income or unpaid taxes. To help taxpayers avoid fraudulent practices, the IRS provides information on its website about choosing a tax return preparer. It also offers a directory of legitimate tax preparers to assist taxpayers in finding reputable services.

It is crucial for individuals seeking professional assistance with their taxes to be cautious and informed when selecting a service provider. They should research potential providers thoroughly before choosing one and be wary of anyone who promises large refunds without requiring proper documentation or charging exorbitant fees.

In conclusion, the Justice Department’s request for a permanent injunction against Golden Heart Tax Services highlights the importance of preventing fraudulent practices in the tax industry. By being vigilant and informed when selecting a tax preparation service, individuals can protect themselves from falling victim to scams that could result in financial losses or legal consequences.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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