Former Mt. Juliet CPA to serve jail time

A former Mt. Juliet certified public accountant will serve a year and one day in prison for preparing false tax returns, according to U.S. attorneys in Middle Tennessee.

U.S. Attorney Jerry E. Martin said Macon J. Dew, 64, was sentenced Friday to serve 12 months and one day in federal prison and ordered to pay $205,535 in restitution to the Internal Revenue Service for preparing false tax returns. 

Dew pleaded guilty in July to two counts of aiding and assisting the preparation of false tax returns.

Dew was a CPA in Mt. Juliet and Old Hickory, Martin said. He acknowledged from 2001-04, he prepared at least 33 false income tax returns for others. These included fictitious W-2 forms, false Schedule C businesses and fraudulent education credits, according to Martin. The tax loss was at least $40,000 for these, Martin said.

Dew admitted to preparing 2006 returns and relevant schedules for two people who formed a corporation known as CP Construction, LLC. Martin said that those returns falsely reported a loss of $751,300 each, resulting in a "tax loss to the government of $165,535."

"This office will vigorously prosecute those who defraud the United States government by filing false income tax returns," said Martin. "It is especially offensive when individuals with licenses and special knowledge use their skills to prepare false returns and false documents to support them. We will continue to pursue the public money that is paid for false tax refunds to restore it to the U. S. Treasury."

The IRS criminal investigation unit conducted the investigation.