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Tax return preparer indicted for tax fraud

Published: Thursday, March 27, 2014 3:30 a.m. CDT

SPRINGFIELD (AP) — A Chicago tax preparer is facing charges that he allegedly claimed more than $1 million in false tax returns for clients.

Phillip Smith was indicted on Tuesday on claims he filed more than 150 false tax returns between 2010 and 2013. He is charged with 11 counts of wire fraud and two counts of false claims to the Internal Revenue Service.

According to the indictment, the 51-year-old Smith knowingly filed false tax returns from his clients and received a fee. The indictment shows examples of Smith's clients receiving almost $10,000 in false tax returns.

Officials from the U.S. Attorney's office in Chicago say these cases are typical, and serve as a reminder to comply with tax obligations at this time of year.

The tax filing deadline is April 15.

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