Ex-IRS Agent Pleads Guilty to Tax Scheme
Marissa Hyde, 43, told U.S. District Court Judge Ted Stewart that she “made a mistake” by using the fraudulent deduction on behalf of clients of her company Accounting and Business Consulting, located in Layton, Utah.
Hyde admitted she had tried to cheat the government by creating a false deduction for her clients, the AP reported. Stewart scheduled sentencing for Jan. 11. The charge carries a maximum sentence of three years in prison and a $250,000 fine.
The prosecutors described the scheme as using domestic and offshore entities in a way that claimed to provide legitimate tax benefits but which actually was intended to hide income and assets and evade taxes, the AP reported.