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Davis, a retired New Jersey State Police trooper, and Felder-Ruiz, a Plainfield firefighter, issued statements Thursday proclaiming their innocence in the federal case and both said they will eventually be exonerated.
They did so by making up deductions for clients, like charitable contributions and residential energy credits.
Federal authorities allege they wanted to enrich themselves by growing Davis' business, Get Organized Tax & Accounting, of Plainfield, where Felder-Ruiz works for him as a tax preparer.
"Unfortunately, there are people who see someone like me and think there is no way she could have accomplished so much honestly and with sheer hard work and dedication." She is Plainfield's second-ever female firefighter.
Authorities allege the two filed over 70 fraudulent tax returns that inflated their clients refunds, to the tune of 2,009, dating to 2012.