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N.Y. State Cracks Down on Preparer Fraud

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Several tax preparers in New York City and Long Island have been arrested and prosecuted after investigations into the filing of false state and federal income tax returns, according to the New York State Commissioner of Taxation and Finance. Investigations by the state’s Department of Taxation and Finance and local authorities allege that these preparers cheated the state and the IRS out of millions of dollars in refunds. 

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