Estimated reading time: 0 minutes, 34 seconds
U.S. Seeks to Shut Down Preparer
The Department of Justice is seeking to bar Larry Carnell Dixon Sr. and his firm, Dixon's Tax Service, from preparing federal tax returns for others. An injunction is being sought against the Zachary, La.-based preparer alleging that he used inflated and fake business expense deductions for real or fictitious businesses on his clients' returns to reduce their tax liabilities or increase refunds.
An investigation by the Internal Revenue service found that 194 out of 198 of the Dixon-prepared returns audited by the IRS had tax deficiencies and that Dixon's conduct may have cost the government as much as $39 million. The action seeks a list of all customers for whom the firm prepared returns after Jan. 1, 2006.
Most Read
-
-
Jan 23 2024
-
Written by Bob Scott
Intuit used deceptive advertising in calling some of its TurboTax…
-
-
-
Nov 10 2023
-
Written by Bob Scott
Revenue for Thomson Reuters Tax & Accounting Professionals increased by…
-
-
-
Oct 30 2023
-
Written by Bob Scott
CPA.com has released a toolkit to help accounting and finance professionals…
-
-
-
Jan 23 2024
-
Written by Bob Scott
The Internal Revenue Service is redesigning the roughly 170 million…
-