Brooklyn tax preparer, Tiffany Williams, has been sentenced to 36 months in prison after pleading guilty to a massive COVID-era tax fraud scheme in which she and others filed over 8,000 fraudulent tax returns, seeking over $600 million in pandemic-related tax credits. Williams' case underscores ongoing issues related to fraud around the Employee Retention Credit during the pandemic, pointing to the need for stricter scrutiny of tax preparers, increased diligence among professionals and expanded use of technology-driven fraud detection.
During the pandemic, the IRS had one job: get relief money out fast. That urgency created openings for fraud, especially around the Employee Retention Credit. Now the cleanup continues. Brooklyn tax preparer Tiffany Williams, 43, received a 36-month priso...
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