Georgia Ann Cloud, owner of Cloud’s Tax Service, was arrested in November. A federal indictment alleged she falsified tax returns for herself and 17 clients. Federal court records show that Georgia Cloud was sentenced to 27 months in prison, followed by one year of supervised release. The judge also ordered her to pay more than $72,000 in restitution.
Cloud plead guilty on May 17th to two of the counts against her and prosecutors dismissed the rest. She was facing up to six years in prison and up to $200,000 in fines. The original indictment was for 18 counts of filing false tax returns.
A federal grand jury indicted Georgia Ann Cloud, owner of Cloud’s Tax Service and Business Center, for falsifying tax records. The grand jury believes this was done in order to receive money from the 2008 First Time Home Buyer Tax Credit program for herself and 17 clients.
Court documents don’t clarify if Cloud and her clients received the money from the govern-ment or if the fraud was caught during the paperwork process. Those documents also show Cloud filed for bogus educational credits for some of her clients. Cloud’s Tax Service and Business Center is located on Ridge Road. The business number has been disconnected.