FRESNO - Chris Donell Smith, 56, of Stockton, pleaded guilty today to aiding and assisting in the preparation of false tax returns, U.S. Attorney McGregor W. Scott announced.
According to court documents, Smith owned and operated New Covenant Tax & Accounting, a tax preparation business in Modesto. Between 2012 and 2015, Smith prepared income tax returns that reported false items and dollar amounts for a number of his clients without their knowledge or consent. He falsified charitable contributions, unreimbursed employee expenses, and capital losses and wage income on some of his clients’ tax returns.