Cattle-rearing accountant investigated for possibly fudging 1,400 tax returns - News Summed Up

Cattle-rearing accountant investigated for possibly fudging 1,400 tax returns


He vehemently maintains he did nothing wrong and merely filled out the tax returns with information his clients gave him. 22 of the 23 whose tax returns claimed deductions for "carrying charges and interest" said they actually had no such expenses. 10 of their returns claimed business losses, but five of them said they did not run any business. The agency has often gone after tax preparers in recent years who it alleged were falsifying clients' tax returns. Last summer, Edmonton tax preparer Chander Mohan Sharma was found guilty of fraud for filing $2.9 million in false or inflated expenses on tax returns.


Source: CBC News April 30, 2018 07:52 UTC



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