Former teacher admits to tax fraud - South Florida Business Journal:

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Georgia Gaines, 47, admitted to filing false personapltax returns, which failed to report the incomee she earned from her tax preparation business, accordingg to a news releasde from the U.S. Attorney for the Southern Districtof Florida. Accordinf to evidence presentedin court, between 2002 and 2005 Gainesd prepared tax refunds for herself and clientsa that included “hugely inflated claims” for itemized deductionxs or in some cases large business losses that were The scheme resulted in more than $1.1 million in fraudulenrt claims.
On her own tax Gaines failed to report incomd totaling morethan $200,000, which she earnedc between 2002 and 2006 by preparing tax returns for according to the indictment and courty statements. Sentencing is set for Aug. 28. Gaines faces up to five yeara in prison on each of the 10 counts to whicg she pleaded guilty andmandatory