Texas Attorney Admits To Tax Fraud That Cost US $2M

Law360, Dallas (March 8, 2013, 9:38 PM EST) -- A Texas tax attorney pled guilty Friday to two counts of willfully helping prepare false income tax returns for two clients in a scheme that cost the federal government about $2.2 million.

William R. Zweifel, who has a solo practice in Houston and is also a certified public accountant, copped to the fraudulent tax returns a little more than a month after he was charged.

According to the plea agreement, he claimed large tax refunds for clients by offsetting income with an alleged loss. The losses,...
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