20-03-2025
Colorado tax preparer sentenced for creating false returns and expenses
DENVER (KDVR) — A Littleton man was sentenced to serve 36 months in prison after he pleaded guilty to one count of aiding or assisting in the preparation of false documents.
The plea agreement details how Thuan Bui, 60, operated a tax preparation business under several names between 2016 and 2021. Bui would tell his clients he was a certified public accountant, and then on hundreds of tax returns, Bui understated his clients' tax liability by overstating or creating false expenses on the Schedule C form, which is used to report income or loss on a business.
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The plea agreement and sentencing were announced Wednesday by the U.S. Attorney's Office for the District of Colorado.
'This defendant willfully and repeatedly abused his clients' trust when his job was to help them accurately file their annual tax returns,' said Acting United States Attorney J. Bishop Grewell in the announcement. 'I encourage all taxpayers to be vigilant during the ongoing tax season to make sure their information is captured and reported accurately.'
The deadline to file federal taxes is April 15.
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