PHILADELPHIA PA--On December 5, 2019, JOSE SANTIAGO (SANTIAGO), 48, of Philadelphia, PA, pled guilty to six counts of preparing false income tax returns.
SANTIAGO owned and operated Santiago Tax Service in Philadelphia, PA. While operating his tax preparation business, SANTIAGO prepared and filed numerous fraudulent tax returns. SANTIAGO inflated his clients’ unreimbursed employee business expensees and charitable donations; causing his clients to receive tax refunds that they were not entitled to. SANTIAGO’S actions caused a loss of approximately $914,635 to the IRS.
“Tax preparers have a duty to their clients to prepare tax returns that comply with the law and are complete and accurate,” said IRS Criminal Investigation Special Agent in Charge Guy Ficco. “Mr. SANTIAGO failed to uphold this duty; instead he blatantly ignored the tax laws by preparing false tax returns.”
SANTIAGO’S sentencing is scheduled for March 19, 2020, before United States District Judge Joshua D. Wolson. SANTIAGO faces a statutory maximum sentence of 18 years in prison, followed by one year of supervised release, and restitution in the amount of $914,635.00.
The case was investigated by the Internal Revenue Service Criminal Investigation and is being prosecuted by Assistant United States Attorney Seth Schlessinger.