Experience. Dedication. Results.

Photo of Professionals at Law Office of Williams & Associates, P.C.

Tax Fraud Teacher Charged

by | Dec 6, 2021 | IRS, Tax Crimes |

Traci Austin, the owner of Emeryville Tax Services in Brentwood, California, has been charged with not only preparing fraudulent tax returns for her clients, but also teaching students how to manipulate returns for profit as well. Austin allegedly charged her students a minimum of $200 to learn how to prepare returns so that they generate the maximum refund, which would then result in the maximum preparation fee. Her methods included listing fictitious businesses and business expenses, and even fabricating profit and loss statements for her made up businesses! The IRS’ estimated tax loss is $697,000, and Austin faces a maximum penalty of three years in prison and a $100,000 fine.


FindLaw Network