On Friday, it was announced that a Stratford, Connecticut tax preparer had waived his right to be indicted and had pleaded guilty. 37-year-old Juan Silva pleaded guilty to preparing false federal income tax returns. According to court documents and statements made in court, the defendant operated Oficina Hispana. The multi-service business provided tax preparation return services.
Between 2011 and 2017, the defendant falsified itemized deductions and unreimbursed employee business expenses for numerous clients. For the 2011, 2012 and 2013 tax years, Silva made deposits of business receipts from his tax preparation business into his personal bank accounts. Then, he failed to report the income to the Internal Revenue Service. In total, it was determined that the defendant has failed to report more than $306,000 in income.
Silva pleaded guilty to a single count of aiding and assisting the filing of a false tax return. A date for sentencing has not yet been set. The defendant will face a maximum prison term of three years at the time of sentencing. He will also face a maximum fine of roughly $300,000 and restitution of $143,693.
The IRS is currently taking steps to recover unpaid taxes from Silva’s clients. Additional details can be found here.