Justice Department Asks Court To Shut Down Mo' Money Taxes - NewsChannel5.com | Nashville News, Weather & Sports

Justice Department Asks Court To Shut Down Mo' Money Taxes

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By Jason Lamb

NASHVILLE, Tenn. - The Department of Justice wants to make sure Mo' Money Taxes, a tax preparer with a long history of complaints in the mid state can no longer do business as next tax day gets closer.

The Department of Justice has filed a civil suit against Mo' Money Taxes, saying it faked customers' W-2 forms and made bogus claims for charitable contributions in efforts to boost their tax returns.

The Department of Justice says those practices may have cheated the federal government out of more than $5 million.

Back in February, customers told NewsChannel 5 that the company simply ripped them off, keeping money that they were owed.

Folks at the IRS say bottom line: your taxes are your responsibility, so you need to be on the lookout for potential tax scams as you get ready to pay in April.

"You don't ever want to sign a blank tax return and leave it with the preparer," said Dan Boone with the IRS.  "You want to know what's going on there before you sign it and make sure its accurate and complete."

"And just remember: be cautious," Boone said.  "You wouldn't choose a doctor or attorney out of the blue, you would want somebody reputable."

Wednesday, the Mo' Money location on Gallatin Pike was closed and a neighboring business says it's been that way for months.

That location is the specific one mentioned in the Department of Justice suit.

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