Former IRS Worker Admits He Hid Records

By AccountingWEB Staff

On July 31, former IRS employee Richard Andersen pleaded guilty to concealing records for a private business he owned.

Prosecutors said 46-year-old Andersen of Franklin, Vermont, failed to turn over time cards and other records from a Sears Hometown Store he owned in St. Albans.
 
In early 2011, the state US Department of Labor began looking into Andersen's compliance with wage and hour regulations. It was during the course of that investigation, authorities said, that Andersen hid many subpoenaed records, which he later admitted to in court.
 
At the time of the investigation, Andersen was employed by the IRS as a fuel tax program investigator in Burlington.
 
In February, a federal grand jury indicted Andersen on four charges relating to obstructing a wage and hour investigation. He was suspended from the IRS when charges were brought.
 
Sentencing has been scheduled for November 26. Andersen faces up to twenty years in prison and fines up to $250,000.
 
Related articles:
 

You may like these other stories...

IRS audits less than 1 percent of big partnershipsAccording to an April 17 report from the Government Accountability Office (GAO), the IRS audits fewer than 1 percent of large business partnerships, Stephen Ohlemacher of the...
Legislation coming out of Washington just might reduce homeowners' burden for disaster insurance. It's a topic very much on everyone's minds since the mudslide in Oso, Washington. The loss of human life was...
Divorce is hard, and the IRS isn't going to make it any easier. The IRS generally says "no" to tax deductions that might ease the pain of divorce. In certain circumstances, however, you might be able to salvage...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.