Only Have a Professional Prepare Your Taxes
by Ray Haselman
Don't be pennywise and dollar foolish!. Check with other truckers on who they have prepare their income taxes. Check the tax practitioners credentials and do not get lured in on large unrealistic 'refunds.'
Independent truckers working on 1099 income can't often obtain legal refunds and the IRS is more computer automated than ever to catch tax cheats:
Shenita James, 33, of Montgomery, Ala., pleaded guilty to preparing and filing false and fraudulent federal income tax returns. James was employed as an office manager and income tax preparer at We Finance Auto Sales (do not go to non-professional tax offices and a car lot is not a professional tax center)
In Montgomery in 2008 and 2009 We Finance Auto Sales prepared income tax returns. James put on this fraudulent return that J.W. earned $13,444 in household help income, that J.W. was entitled to a first-time home buyer credit of $7,500, and that J.W. was entitled to an earned income credit in the amount of $4,824.
This fraudulent return generated a refund to J.W. of $13,666. James filed this return despite the fact that she knew that J.W. did not earn that amount of household help income, was not entitled to a first-time home buyer credit, was not entitled to said earned income credit, and was not entitled to the refund in the claimed amount.
She faces up to three years in prison and a fine of up to $250,000.
Ray Haselman, Esq.