Owner of Tax Preparation Business Sentenced to Federal Prison for Defrauding the Inside Income Services | USAO-WDLA

SHREVEPORT, La. Angelena Adams, 52, of Princeton, Louisiana, was sentenced right now by United States District Decide Elizabeth E. Foote to commit 27 months in jail, followed by 1 year of supervised release and restitution to be paid in the total of $188,328, for defrauding the Internal Income Services (IRS), Performing United States Legal professional Alexander C. Van Hook declared.

Angelena Adams, a.k.a Angelena Morris, was indicted by a federal grand jury on tax fraud costs in May perhaps 2020.  She pleaded responsible on March 15, 2021 to building and subscribing to a bogus return. Adams worked in the tax return planning business enterprise from 2008 via 2015. Beginning in 2012 and continuing by 2015, Adams opened and operated Angie’s Tax Provider, a tax return preparation small business in Ringgold, Louisiana.

Angie’s Tax Services prepared and submitted consumer tax returns electronically to the IRS. The small business income from Angie’s Tax Services was deposited into Adams’ particular lender account. Adams did not report the money from the small business on her Type 1040, U.S. Unique Earnings Tax Return for tax several years 2013, 2014 and 2015 which, as a outcome, tremendously decreased her modified gross revenue for those tax a long time. On or about Oct 15, 2014, Adams finished and submitted a false tax return for tax calendar year 2013 stating that her modified gross earnings in 2013 was $166,011, when in truth and in simple fact, her adjusted gross income was significantly more than that, with gross receipts totaling $702,855 through 2013 for tax return planning.

The IRS – Legal Investigation executed the investigation and Assistant U.S. Attorney Jessica D. Cassidy prosecuted the situation.

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