According to WREG, The Justice Department has asked a federal court to shut down a Mo’ Money Taxes tax preparation office in Nashville.
The civil injunction suit, filed against Mo’ Money licensee Toney Fields and co-defendant Trumekia Shaw in U.S. District Court in Nashville, alleges that the two defendants intentionally prepare and file fraudulent federal income tax returns to obtain improper tax refunds for customers.
The complaint states, “Fields and Shaw get an improper jump on their competition by opening Mo’ Money Taxes in Nashville in late December and before the tax year ends. The defendants allegedly use customers’ end-of-year pay stubs to prepare tax returns, before employers have issued Internal Revenue Service (IRS) W-2 wage-statement forms to employees. Preparing tax returns based on pay stubs rather than proper W-2 Forms violates IRS rules. Fields and Shaw allegedly use the pay stubs to create fake W-2 Forms to include with the returns. End-of-the-year pay stubs frequently omit income and distributions that are shown on employer-issued W-2 Forms. This inevitably results in errors on federal tax returns.”
