Tax Preparer Pleads Guilty To Preparing False Tax Returns
Orlando, FL - William M. Gatlin (51, Kissimmee) pleaded guilty yesterday to two counts of aiding and assisting in the false preparation of tax returns. Gatlin faces a maximum penalty of three years in federal prison on each count. His sentencing hearing is scheduled for December 13, 2012, before Chief United States District Judge Anne C. Conway.
According to the plea agreement, Gatlin was the president of Taxes By Mr. Bill, Inc., a tax preparation business in Orlando and Kissimmee. He aided and assisted in the preparation of fraudulent tax returns for his clients, causing false and inflated income tax refunds for the tax years 2006, 2007, and 2008. On tax returns that he had prepared, Gatlin fraudulently claimed a first-time home buyer credit. He deducted student tuition and fees and student loan interest on returns where individuals did not pay tuition, fees or loan interest. Gatlin also prepared returns where he fraudulently listed deductions for Schedule C business losses when he knew his clients did not own a business or have Schedule C losses. All of the deductions were done without his clients’ knowledge.
This case was investigated by the Internal Revenue Service Criminal Investigation. It is being prosecuted by Assistant United States Attorney Tanya Davis Wilson.