WEST PALM BEACH (CBSMiami) – A West Palm Beach man employed by the Internal Revenue Service has been charged with wire fraud.
According to the U.S. Attorney’s Office, 36-year old Charles Corbitt prepared fraudulent tax returns which claimed Residential Energy Credits on Form 5695 and inflated Itemized Deductions on Schedule A that the individual was not entitled to.READ MORE: As US Confirms First Omicron Case, CDC Works To Step Up Testing Requirements
As a result of the false credits and inflated deductions, the taxpayer’s taxable income was lowered and refund amount was increased.READ MORE: Arrest Made In Miami-Dade In Connection With Murder Of Palm Beach Gardens Boy
Once the returns were electronically filed, Corbitt received a portion of the tax refund as a preparation fee. This fee was determined based on the amount of the refund or was a flat fee.
Corbitt faces a maximum penalty of 20 years in federal prison if convicted.MORE NEWS: Asian American Artists Celebrated During Art Basel: 'Through Hardships, We Could Look At Diversity And See It As Strength'
[display-posts category=”news” wrapper=”ul” posts_per_page=”5″]