Grimy Times has learned that Gregory T. Goss, of Dolton, Illinois, has been accused of perpetrating a massive tax return preparer fraud scheme in the Chicago area.
According to a lawsuit filed by the U.S. government, Goss, who operates a tax preparation firm called G & V Tax and Insurance (G & V Tax) located at 625 E. 170th Street in South Holland, Illinois, is accused of preparing false tax returns for his customers by fabricating itemized deductions and falsifying self-reported income.
The government alleges that Goss and G & V Tax falsified self-employment income and itemized deductions to inflate claims for the Earned Income Credit (EIC) on their customers’ tax returns.
The EIC is a benefit for working people with low to moderate income, and it can result in a cash refund if some credit remains after reducing the amount of tax an eligible individual owes.
As part of the scheme, the IRS audited 237 tax returns prepared by Goss and determined that 147 — or 60 percent — of those returns either understated his customers’ respective tax liabilities or overstated their refunds, including claims for the EIC.
The suit alleges that Goss’s misconduct damages the public fisc, undermines public confidence in the U.S. tax system, and harms his customers, who now may owe taxes, interest, and penalties.
The U.S. government is seeking to bar Goss and G & V Tax from preparing federal tax returns for others.
Return preparer fraud is one of the IRS’s Dirty Dozen Tax Scams for 2017.
The IRS has tips on its website for choosing a return preparer and has launched a free directory of federal tax preparers.
Related Federal Cases
- Eric Holub, Tax Withholding Fraud, Cedar Rapids IA, 2023 · Iowa
- Michael Jett Sentenced to 23 Months for Tax Evasion, MO, 2023 · Georgia
- Yerfri Castillo, ID Theft Tax Scam, NY, 2023 · Puerto Rico
- Cedar Rapids Drug Felon Gregory Givens Sentenced to 22 Years · Iowa
- Terry L. Gantt, ID Theft and Wire Fraud, Cedar Rapids IA, 2012 · Iowa
Key Facts
- State: Illinois
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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