HOUSTON – A man who owned several Houston-area tax preparation offices was indicted for allegedly falsifying tax returns for his clients, the U.S. Attorney’s Office said in a news release Tuesday.
David Wright is charged with 14 counts of aiding and assisting clients to file false income tax returns.
If convicted, Wright could face up to three years in prison and a possible $250,000 fine.
On March 18, court documents showed Wright had opened several tax preparation offices in Houston and allegedly created fraudulent Schedule C items on his clients’ Form 1040 tax documents. The form is used for sole proprietorship businesses to report profits and losses to the IRS.
The U.S. Attorney’s office said this allowed Wright’s clients to receive a higher tax refund, allegedly causing thousands of dollars of tax harm to the government.