In­dicted tax pre­parer’s clients held li­able

Pawtucket Times - - REGION/OBITUARIES -

WAR­WICK (AP) — Rhode Is­land res­i­dents are be­ing or­dered to pay up or dis­pute dis­crep­an­cies in their tax re­turns af­ter their tax pre­parer was in­dicted for fraud.

WJAR-TV re­ported that mul­ti­ple clients of War­wick-based Stra­tus Fi­nan­cial re­ceived let­ters that they owe the IRS back taxes.

Court records show the owner of Stra­tus Fi­nan­cial, Ray­mond Pe­trarca, was in­dicted Tues­day on 44 counts of aid­ing and as­sist­ing in the prepa­ra­tion of false tax re­turns.

The 63-year-old Pe­trarca had sev­eral clients in the state po­lice, lo­cal fire de­part­ments and the state pris­ons de­part­ment. IRS spokes­woman Amy Hos­ney says all of his clients should re­view their tax re­turns to make sure they are ac­cu­rate.

Hos­ney says his clients will be au­dited on a case-by-case ba­sis.

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