Owner and employee of local tax company indicted for submitting false income tax returns
Posted at: 09/18/2013 4:15 PM | Updated at: 09/18/2013 4:17 PM
The owner of a local tax company and one of his workers have been charged in a 74-count indictment for submitting false income tax returns.
Chauncee McFarland, 35, of Rochester, owned and operated McFarland Tax Company, a tax return preparation business. Kenyatta Hubbard, 32, of Rochester, worked for McFarland. The U.S. Attorney's Office says the two submitted false income tax returns and fake W-2 forms on behalf of their clients. According to the indictment, they prepared and submitted 73 fraudulent income tax returns, netting more than $442,000 in criminal proceeds. The U.S. Attorney's Office says McFarland and Hubbard kept half of the money for themselves and gave the rest to their clients.
McFarland and Hubbard are charged with conspiring to defraud the U.S. by submitting false income tax returns and with submitting false income tax returns to the IRS. If convicted, they face up to 10 years in prison, a fine of $250,000, or both.