Related Federal Cases
- Jefferson Kincade, Tax Refund Theft, Texas 2015 · South Carolina
- Theodore Paul Victor, Jr., Income Tax Evasion, Texas 2014 · Texas
- Shirley Jean Emert, Tax Evasion, Texas 2014 · South Carolina
- Brian Perez, Wire Fraud and Tax Evasion, Texas 2015 · Texas
- Lawrence Michael Day, Conspiracy to Commit Mail and Wire Fraud, Tax Fraud, Texas 2008 · Texas
Local Man Indicted on Tax Evasion Charges
A 37-year-old man from Palestine, Texas has been charged with federal income tax violations in the Eastern District of Texas. Jefferson Kincade appeared before U.S. Magistrate Judge K. Nicole Mitchell today and was released on an unsecured bond.
On January 21, 2015, Kincade was indicted on 43 counts of tax evasion. The charges include 31 counts of preparing income tax returns with false statements, six counts of theft of government money, and six counts of aggravated identity theft.
According to information presented in court, Kincade prepared tax returns for individuals at a tax preparation business, EZ Tax, in Palestine, Texas. He is alleged to have devised a scheme to prepare false tax returns, steal clients’ refunds, and use the clients’ and other individuals’ identities to accomplish the theft.
The indictment alleges that Kincade’s goal was to increase the amount of tax refunds to which the taxpayer would be entitled. He allegedly submitted false statements and representations about material matters, including filing status, dependents, wages, farm losses, business losses, withholding, education credits, distribution codes on retirement distributions, and itemized deductions.
Kincade is accused of intercepting government tax refunds for his own benefit. He allegedly printed the refund checks, did not give them to his clients, and then cashed them with the assistance of two individuals who were not associated with EZ Tax.
If convicted, Kincade faces up to three years in federal prison for each of the 31 counts of preparing false tax returns, up to 10 years in federal prison for each of the six counts of theft of government money, and up to two years in federal prison for each of the six counts of aggravated identity theft.
Kincade was arrested by the Texas Department of Public Safety. This case is being investigated by IRS Criminal Investigation and is being prosecuted by Assistant U.S. Attorney Tom Gibson.
A grand jury indictment is not evidence of guilt. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Key Facts
- State: Texas
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
MORE FEDERAL CRIME NEWS
White Collar CrimeWhite Collar CrimeWhite Collar CrimeWhite Collar Crime