• Thu. Apr 18th, 2024

IRS, Justice Department Take Action Against Fraudulent Tax Preparation Business in Arizona

BySamantha Jones

Apr 3, 2024
Arizona Tax Business Faces Injunction for Alleged Fraud

The Justice Department has filed a permanent injunction request against a tax preparation business in Arizona and its preparers due to alleged fraudulent activity. The injunction aims to dismantle Golden Heart Tax Services and prevent the defendants from owning or operating a tax preparation business and preparing tax returns. According to the complaint, Golden Heart Tax Services LLC was founded in Texas in 2018 and is currently operating in Arizona, Texas, Missouri, and Nebraska.

The defendants named in the injunction are Mayuen Ajak, Yier Deng, Bol Guot, Gabriel Kuot, and Golden Heart Tax Services LLC. The allegations made against them include falsely preparing tax returns to increase customer refunds and profit through high undisclosed preparation fees. The defendants are accused of claiming false fuel, COVID-related, education, and earned income tax credits as well as fabricating business-related incomes. Many of their customers are immigrants to the United States with limited English proficiency and tax knowledge.

The Internal Revenue Service (IRS) estimates that approximately $10 million was lost due to the defendants’ alleged misconduct in underreported income or unpaid taxes. To help protect taxpayers from unscrupulous tax preparers, the IRS provides information on its website about choosing a tax return preparer. Additionally, it offers a directory of legitimate tax preparers that can assist taxpayers in finding reputable services. It is crucial to be cautious and informed when selecting a tax preparation service to avoid falling victim to fraudulent practices.

The Justice Department’s actions against Golden Heart Tax Services highlight the importance of ensuring that individuals who prepare taxes for others do so honestly and ethically. By filing this permanent injunction request, the Justice Department seeks not only to stop Golden Heart Tax Services but also to deter others from engaging in similar fraudulent activity.

In conclusion, choosing the right tax preparation service is essential for avoiding fraudulent practices and protecting one’s finances. As such, it is recommended that individuals take time to research different options before selecting a service provider. Additionally, utilizing resources such as those offered by the IRS can help ensure that one selects a reputable service provider who adheres to ethical standards of practice.

While this case serves as an example of unethical behavior within the industry of tax preparation services, it also highlights how important it is for individuals who prepare taxes for others to act with integrity and honesty. By doing so not only do they protect themselves but also maintain trust among their clients while providing reliable services for their needs.

Overall it’s important for consumers of these services to be aware of their rights when selecting a provider so they can choose someone who will follow legal guidelines while providing accurate results within reasonable pricing structure.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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