A Texas tax preparer has received a 36-month prison sentence after pleading guilty to preparing a false tax return. Preparer
As an intern, Iroegbu worked at Lynks Tax Service in Greenville, Texas, where he would claim losses if clients had W-2 wages or a net profit if the client did not have W-2wages. He then began doing business as Homequest Vision Tax Service and Homequest Tax Service.
He also made claims for phony credits for federal tax paid on fuels. Iroegbu prepared and e-filed 66 returns for 2006 and 59 returns in 2007, claiming $1.3 million in fuel credits. That resulted in improper refunds used by the IRS to offset taxes owed on returns with the remaining amounts paid to taxpayers.
