MADISON, WI (WSAU) — A former tax preparer in Plover was sentenced for filing false returns for his clients.
James Canfield will serve eight months in federal prison for altering tax returns to claim unjustified business deductions for several clients over six years. The fraudulent returns reduced his client’s tax bills, thereby increasing their refunds.
Investigators say in most cases Canfield would falsify housing expenses as business expenses even though his clients made it clear to him that their homes were personal dwellings.
US District Judge James Peterson noted that Canfield has had previous run-ins with the IRS for submitting false information with his client’s tax returns, including two previous fines and a 2012 meeting with IRS agents who outlined why his practices were against tax law.
The 74-year-old owned and operated Advanced Accounting Concepts INC. and as part of the sentence will no longer be allowed to prepare tax returns for a third party.
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