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Carl Nicholson, CPACarl Nicholson, once auditor for Hattiesburg and Forrest County, Miss., has been convicted of filing phony returns for clients and his own income taxes. A federal jury this month convicted the CPA of conspiracy to defraud the United States, six counts of aiding in the preparation of false tax returns, and four counts of filing false tax returns

Nicholson, who had been described in area press as a "major Hattiesburg player”, was accused of classifying a client’s personal expenses as business expenses from 2012 through 2014, including a $250,000 payment to a client’s personal trust.

He also was found guilty of claiming fake expenses for his own 1040 returns for 2012 through 2015, failing to report income and under-reporting the gain on the sale of his accounting firm Nicholson & Company.

Nicholson faces a maximum of five years in prison for the conspiracy charge and three years for each charge of filing false tax returns and aiding in the preparation of false tax returns.  

Last modified on Monday, 11 February 2019
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