Tax preparer permanently banned for fraudulent activity [Video]

INDIANAPOLIS– A federal court has banned a tax preparer accused of fraudulent activity. Juan Santiago operated as Madison Solutions LLC.

Santigo has been permanently banned from preparing federal tax returns and owning or operating any tax preparation businesses.

The U.S. District Court for the Southern District of Indiana found that Santiago repeatedly engaged in deceptive practices to reduce his clients’ tax liabilities and obtain fraudulent tax refunds. Santigo reportedly falsely claimed head of household status and child tax credits and reported fake businesses and fabricating expenses for his clients.

Santiago’s failure to respond to the lawsuit led to a default judgment and the issuance of the permanent injunction.

Latest Headlines | October 29, 11pm

The IRS recommends the following tips to protect yourself from tax fraud:

• Choose a reputable tax preparer: Research potential preparers and ensure they are qualified and ethical.
• Review your tax return carefully: Check for errors and inconsistencies.
• Be wary of unrealistic promises: Avoid …