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Your Naughty Tax Preparer of the Day

I don’t know which is more dumb: that El Paso, TX-based tax preparer Victor Gonzalez intentionally underreported his income by roughly $289,000 over a three-year period or that the name of his now-defunct business was Tax Preparation Services. Seriously, Victor? You couldn’t come up with a better name than that?

Anyhoo, V-Gon was indicted recently—not for choosing a stupid name for his business but for the underreporting income thing:

El Paso businessman, 59-year-old Victor Manuel Gonzalez, sole proprietor of the now-closed Tax Preparation Service, allegedly underreported his income on personal tax returns causing a tax loss of over $100,000, announced U.S. Attorney Ashley C. Hoff and Special Agent in Charge Richard D. Goss, Internal Revenue Service Criminal Investigation (IRSCI), Houston Field Office.

A federal grand jury indictment unsealed last week charges Gonzalez with three counts of filing a false federal income tax return. The indictment alleges that Gonzalez filed fraudulent returns for three years. Gonzalez claimed his income was $17,462, $18,450 and $25,328 for tax years 2014, 2015 and 2016, respectively. Court testimony today revealed that Gonzalez actually earned over $350,000 during that period. In addition to underreporting his yearly income, Gonzalez applied for and improperly received funds through the Earned Income Tax Credit (EITC). EITC is a refundable tax credit for low to moderate income workers.

Gonzalez, who was arrested by federal authorities on March 3, had his bond set at $25,000 during a detention hearing on March 16. No word yet on whether he posted bond.

One thought on “Your Naughty Tax Preparer of the Day

  1. Underreporting his income to not only cheat the government of their revenue but also scammed them for EIC and probably other slew of social benefits (e.g., food stamp).

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