Bakersfield tax preparer admits guilt in $25 million tax fraud scheme involving stolen identities and fake businesses, facing up to 10 years in prison and $250,000 fine.

Victor Cruz, 40, who was a tax return preparer in Bakersfield, pleaded guilty Monday to his role in a $25 million IRS fraud, the DOJ said.

A South Jersey tax preparer admitted to putting false information on tax returns that caused over $16 million in tax losses, officials with the U.S. Attorney’s Office said. Michael Sigall, 55, of West ...

Also make sure the preparer signs the return and includes their Preparer Tax Identification Number (PTIN) at the end of your 1040 (bottom of page 2). This is required by law.

Officials said Cruz helped more than 500 fraudulent tax returns and received thousands of dollars in fees from a co-conspirator in exchange for his services.

The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...

With tax season in full swing (it kicked off January 27, 2020), the Internal Revenue Service (IRS) has issued a reminder to taxpayers to avoid unethical "ghost" tax return preparers.

Tax preparers who do not have a PTIN (Preparer tax identification number). The IRS insists that anyone who prepares or assists in preparing federal tax returns for compensation must have a valid ...

Ghost tax preparers are among the top 10 scams to watch for this tax season. Here are signs your preparer is a fraud and how to avoid these scammers.

Four tax preparers from Texas whose fraudulent returns for clients cost the IRS more than $7.5 million were sentenced to 105 months federal prison.