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Preparer Paid for Maserati, Not Her Taxes

 A Texas tax preparer who bought a Bentley and a Maserati while failing to pay her own income taxes has been sentenced to 12 years in prison. Cheryl Christin Kissentaner also claimed state income tax credits for her Texas clients in a state without an income tax.

She has been ordered to served 144 months in federal prison and pay restitution of $71,780.

Kissentaner, who also spent money on cosmetic surgery, was found in a jury try to have failed to pay her personal taxes, civil fraud a penalties and penalties for failing to use due diligence in preparing tax returns. She owes United States $1.9 million from her criminal and civil cases.

There was testimony Kissentaner violated her conditions of release and failed to cooperate with pre-trial services.  

Kissentaner operated First Financial Tax Services from 2016 through 2019 while failing to pay her 2012 through 2017 tax returns until late 2019.

During the same period, she prepared at least nine tax returns in which she created fake businesses operating at a loss to boost client refunds These also claimed false fuel tax credits and medical expenses, among other unwarranted deductions.

A Kissentaner became aware she was under investigation, a client who had been receiving refunds of more than $8,000 a year was told she owed $10,000. Kissentaner told the client that was because of a change in the tax law and the fact the client’s son was attending college.

Bob Scott
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
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