Insurance Salesman Plead Guilty to Failing to File Income Tax Returns
by AccountingWEB on
Thomas Mitchell of Mansfield, Ohio, pleaded guilty before United States District Judge George J. Limbert of the Northern District of Ohio to criminal information charging him with willfully failing to file an income tax return with the IRS, the Justice Department and the IRS announced April 16, 2012.
According to the plea agreement and statements made in court, Mitchell, an independent Aflac insurance salesman, failed to file individual income tax returns and pay taxes for the years 1999‒2009, despite earning sufficient income during those years. As part of the plea agreement, Mitchell has agreed to pay restitution to the IRS in the amount of $111,639.
Mitchell faces a potential maximum sentence of one year in prison and a fine of up to $100,000. Sentencing is set for July 18, 2012.
Source: US Department of Justice
Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked
2 weeks 1 hour ago by mucar1990