Five Texas tax preparers have been sentenced to prison for submitted bogus returns with the manager of Waco-based Tax World, Labanda Loyd, drawing a term of four years three months.
Jaleesia Sais drew a term of three years four months, while Deidra Brandon, who served as Loyd’s assistant manager at time, was sentenced two a year and a day, while Jaleesia Sais to 40 months
Shaterian Parr and J Lashamekwa Alexander received probation and each of the five must pay $918,396 in restitution to the United States.
According to the court record, Loyd instructed some of her coconspirators, concerning how to prepare the false returns. They used a variety of techniques to boost client refunds, such as fabricated employment, wage and tax withholding information. The group are believed to have caused a tax loss of more than $1.8 million.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind