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Indiana accountant prepped fraudulent tax returns for clients in Mississippi, costing IRS millions

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4 months ago

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www.supertalk.fm – Ben Milam – 2024-07-11 14:59:54

SUMMARY: Indianapolis CPA Jason L. Crace pled guilty to aiding the preparation of false tax returns linked to an illegal tax shelter affecting clients in Mississippi and other areas. Crace’s fraudulent tax returns claimed over $2.5 million in fake deductions through “royalty payments,” which were actually circular money flows misrepresented as genuine business expenses. Tax shelter participants transferred funds to scheme promoters, who then returned the money to participant-controlled accounts, falsely deducting these as business expenses. Facing up to three years in prison, Crace’s sentencing is set for January 14, 2025. The case is prosecuted by the U.S. Justice Department and the U.S. Attorney’s Office, with IRS Criminal Investigation involvement.

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Jackson airport expecting another record Thanksgiving for travelers

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13 hours ago

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November 22, 2024

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www.supertalk.fm – J.T. Mitchell – 2024-11-22 16:41:00

SUMMARY: As Thanksgiving approaches, Jackson-Medgar Wiley Evers International Airport (JAN) in Mississippi anticipates its busiest holiday season in years, with peak travel expected from November 26 to December 2. During Thanksgiving 2023, nearly 27,000 passengers flew through JAN. The Jackson Municipal Airport Authority (JMAA) urges travelers to arrive two hours early for parking and security. A new Dunkin’ Donuts has been added to the airport’s dining options, which now includes four other food and drink venues. JMAA CEO Rosa Beckett emphasized their commitment to ensuring a seamless travel experience. Nationwide, 5.84 million travelers are expected to fly during this period.

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Pearl police officer fired following accusations of theft

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14 hours ago

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November 22, 2024

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www.supertalk.fm – Caleb Salers – 2024-11-22 16:28:00

SUMMARY: A Pearl police officer has been fired and is accused of stealing money, although no criminal charges have been filed. Chief Nick McLendon reported that the Mississippi Bureau of Investigation is looking into the allegations, which surfaced on Monday. The officer was placed on administrative leave while McLendon sought termination approval from the city’s Board of Aldermen, which was granted. McLendon emphasized the importance of transparency and accountability in law enforcement, stating that the officer should be presumed innocent until proven guilty while the investigation continues.

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What to expect in Mississippi’s judicial runoff elections

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14 hours ago

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November 22, 2024

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www.supertalk.fm – Robert Yoon – 2024-11-22 15:47:00

SUMMARY: Voters in central Mississippi will participate in runoff elections on Tuesday for two judicial seats: the state Supreme Court and the Court of Appeals, due to no candidates achieving the required majority in the Nov. 5 general election. Justice Jim Kitchens faces Republican State Senator Jenifer Branning for the Supreme Court, with Branning having led with 42% of the vote. Kitchens seeks a third term and has dissenting views on death row cases. In the Court of Appeals race, Amy St. Pe’ and Jennifer Schloegel are vying for the position. Polls close at 7 p.m. CT, with voter turnout crucial for candidates.

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