Federal Court Shuts Down Instant Tax Service

more+
less-

Tax Analysts Tax Notes reports that on November 6, 2013, Judge Timothy S. Black of the Southern District of Ohio permanently shut down Instant Tax Service, which claims to be the fourth largest tax return preparation firm in the nation. The order said that Instant Tax Service cheated largely low-income customers by marketing fraudulent loan products, requiring franchisees to charge phony fees, and forging customers' signatures on loan checks. Fesum Ogbazion, the owner of Instant Tax Service’s corporate parent, also trained franchisees to prepare premature tax returns with understated income and failed to pay his own companies' employment taxes, according to the court’s order.

Written by:

more+
less-

BakerHostetler on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×