A Denver business owner recently pleaded guilty to tax evasion. She used her companies income and accounts to directly pay for her personal expenses. She filed false returns and left her accountant in the dark.
From the Department of Justice press release:
According to documents and information provided to the court, Michelle Medina, 51, owned and operated RHHS Inc., also doing business as Reliable Home Health Services Inc., which provided home healthcare services. From 2008 through 2011, Medina concealed hundreds of thousands of dollars in personal income by having RHHS Inc. directly pay her personal expenses and by withdrawing cash from the company’s bank accounts for personal use. Medina did not inform her tax return preparer of this additional income and filed false individual income tax returns underreporting her income. Medina also failed to file 2008 through 2011 corporate income tax returns for RHHS. She admitted her actions caused a total tax loss of between $550,000 and $1.5 million.
Anyone who believes they might one day face allegations that they evaded taxes, failed to pay taxes or engaged in tax fraud can contact tax law attorneys to discuss their circumstances and available legal options. The attorneys at Robert J. Fedor, Esq., L.L.C. represent clients across the nation who face these accusations and other serious charges.