Finally, Someone Who Wasn't Bitching About The High Price Of Gas
Gas costs a hell of a lot these days. The working man just can't get a break.
Why, you can earn only $802 in a year even as you spend more than $88,000 on gas. Well, you can if the guy preparing your tax return is a scam artist.
That's what the federal government claims Kyle C. Kasten is. They're suing to shut down his tax-preparation business, KJ & J Tax Services ("The extra J is for jail!!" is not their slogan.)
Kasten, the U.S. Attorney's office says, was a master of the "fuel tax credit" scam.
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Unfortunately, as they note, "Fraudulently claiming the fuel tax credit is one of the IRS's 'Dirty Dozen' tax scams for 2008."
The credit "is available only in limited circumstances for off-highway business use," the feds say, but Kasten apparently has a unique definition of the word "limited."
Besides the $88,000-for-gas client, he claimed another client used more than 55,000 gallons of gasoline in 2007. At $2 a gallon (ah, the good old days) that would be more than $110,000 in fuel tax credits on an income of less than $22,000.
Overall, Kasten claimed more than $700,000 in bogus credits for clients, the feds say.
The feds are seeking a permanent injunction shutting down Kasten's business.
They will probably also check to see if he claims the mileage to the courthouse in his 2008 return.
-- Richard Connelly
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