It hasn’t taken long for the fraudsters and dingbats to jump into new and exciting silliness for 2020. In fact, as we all know, when it comes to paying taxes, everyone is an expert on “legal.” Here’s a few folks who crossed the line…
There’s a running joke on the internet that if you want to find the really special cases of anything, simply type in “Florida man tries to…” Well, there’s no exception with Dennis J. Nagle. Since 1999, Nagle has refused to pay taxes at all, even going so far as to create false documents presented to his employer stating he is exempt from taxation. In that time, he’s racked up an impressive bill – over $400,000. When confronted by the IRS, Nagle promptly paid them over $1.9 million in bad checks! He’ll be sentenced to at least three years in federal prison in April. Plus required to pay his tax bill.
Following up on a situation we shared in South Georgia last fall, Fast Track Tax Service in Talbotton, Georgia, and Time Lee Tax Service have now been permanently shuttered by the IRS. The DoJ has proven that owners Heather and Stacey Lee did intentionally file fraudulent returns for their clients by misrepresenting credits, deductions, and a virtual shopping list of financial massaging. The number of doctored returns was nearly 5,000 over a 5 year period.
“Wild and Wonderful West Virginia” is a little tamer today since a married couple’s tax evasion schemes have been shut down. Russell Rucker was sentenced to serve 18 months in prison, and his wife, Karen Rucker, was sentenced to six months in prison. The two owned an insurance business in Huntington and over a three year period, collected but did not pay over $150,000 in payroll taxes. The Ruckers also knowingly diverted funds from their company into personal accounts claiming them to be “note proceeds.” In addition to their prison sentences, the Ruckers will be required to pay nearly $300,000 in restitution.