"

Estimated reading time: 0 minutes, 35 seconds

Court Bars Georgia CPA Preparer

DOJA federal court has barred a Tucker, Ga.-based CPA and his firms from preparing federal income tax returns for others. A permanent injunction shuts down the preparation business of Matthew Adegbite and his companies, MAS & Associates CPA and Mathew A. Adegbite CPA. The accountant drew the action for allegedly inflating deductions or creating phony ones.

His alleged abuses also included claiming the First Time Home Buyer Credit for taxpayers who did not purchase homes, deducting business expenses for taxpayers who did not own businesses and inflating legitimate deductions. Adegbite has prepared more than 1,000 returns since 2008.

The government claimed his actions resulted in the loss of millions of dollars of tax revenue, but did not provide any estiamtes.

Read 4247 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.