Robert J. Fedor, Esq., L.L.C.

Ohio man pleads guilty to failing to pay $1.1M in taxes

A Ohio man is currently awaiting sentencing after pleading guilty to charges related to tax evasion. The 57-year-old man previously ran a company that provided computer training to Ohio residents who had lost their jobs and were unemployed. He recently admitted to failing to pay taxes on income that he withheld from employee's paychecks.

In addition, the 57-year-old also underreported his own income. In total, he was charged with failing to pay $1.1 million dollars in taxes. As a result of these, and related, criminal activities, the man could serve up to 25 years in prison and be forced to pay $500,000 in fines and penalties.

 

The man's tax crimes were discovered while police were investigating a real estate fraud case in which the 57-year-old was also involved. The man now faces criminal charges in both matters and will likely be forced to serve time behind bars and pay hefty fines and penalties.

In many cases involving tax crimes, those charged with crimes like tax evasion and tax fraud fail to recognize the seriousness of such charges. Often charges related to tax crimes result in individuals being convicted and sentenced to months or even years in federal prison. What's more, individuals convicted of such crimes are often forced to pay fines and restitution penalties that can result in financial ruin.

For these reasons, it's imperative that individuals facing criminal charges related to tax crimes secure legal representation. A defense attorney who has experience handling such matters can provide legal advice and guidance to help provide for the best possible legal outcome.

Source: The Columbus Dispatch, "Reynoldsburg man on 'God mission' admits $1.1 million tax fraud, lying to jury," Kathy Lynn Gray, Aug. 30, 2013