Tax preparer pleads guilty in nearly $1 million fraud

Prosecutors allege she claimed fraudulent self-employment business losses and educational expenses.

Money

ST. LOUIS – A 44-year-old St. Louis tax preparer pleaded guilty to a fraud scheme that cost the federal government nearly $1 million. Federal prosecutors say Tiffany McAllister created two fake companies in order to file false tax returns for her clients. She pleaded guilty Wednesday to three counts of tax fraud. She admitted that she claimed income from the fake companies from Jan. 1, 2014 to Dec. 31, 2016. McAllister also prepared tax returns with wages and tax withholdings from other fake businesses, and claimed fraudulent self-employment business losses and educational expenses. She is scheduled to be sentenced in June.