Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
Freeport Tax Preparer Pleads Guilty to $12 Million Tax and PPP Fraud
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe30 JAN 2026 / ACCOUNTING & TAXES
Former tax preparer Damaris Beltre has pled guilty in a federal court to defrauding the IRS and the Small Business Administration for nearly $12 million by pushing false COVID tax credits, fake dependents, and inflated payroll figures. The IRS Criminal Investigation's pursuit of Beltre’s case serves as a reminder that pandemic-relief leniency is over and individuals found guilty of similar fraud could face hefty sentences.
Every CPA has seen a return that makes you pause, lean back, and say, “That can’t be right.” On Long Island, one tax preparer built an entire business on that feeling and rode it all the way to a federal guilty plea. Damaris Beltre, a former tax preparer...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1783514395.webp)
