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A King of Prussia, Pa.-based tax preparer has been indicted on 29 counts of aiding and assisting in the preparation of false income tax returns. If convicted of all charges, Eric Amaefuna, 65, would face a maximum of 87 years in prison and a $7,250,000 fine.
The indictment alleges that Amaefuna, owner of American Financial Stewardship, a tax preparation business in North East Philadelphia, prepared fraudulent 1040s returns for at least tax years 2014 through 2016. He also added false attachments to the 1040s.
The returns claimed false or inflated employee business expenses, inflated state and local taxes, false or inflated miscellaneous deductions, and losses that were entirely fictitious or falsely inflated.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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