N.J. tax preparer admits lying on her own tax returns

A Bergen County tax preparer admitted Tuesday to tax evasion, helping her clients file falsified tax returns that generated larger refunds, and to filing false declarations on quarterly tax returns for her own business, federal prosecutors said.

From March 2010 to September 2023, Joshlyn Raye, 49, of Elmwood Park, was the owner of JB Tax Services, a tax return preparation business in Hackensack, according to a statement from the U.S. Attorney’s Office District of New Jersey.

During that time, she evaded her personal income taxes over three of those years, filed 50 false tax returns on behalf of her clients and filed three false quarterly employment tax returns on behalf of her tax return preparation business, the office said.

Raye used fabricated and inflated figures, including expenses and itemized deductions during that time, investigators said.

She pleaded guilty Tuesday in Newark federal court to one count of aiding and assisting in the preparation of a false and fraudulent tax return, one count of tax evasion and one count of filing a false declaration under penalty of perjury, authorities said.

As part of her plea agreement, Raye has agreed to pay the government restitution of $676,168 and to file amended tax returns, the office said. She is scheduled to be sentenced on Aug. 6.

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Chris Sheldon may be reached at csheldon@njadvancemedia.com.

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