Indian-origin man pleads guilty to tax evasion in US

0

New York: An Indian-American tax return preparer faces a maximum penalty of five years in prison after pleading guilty to evading assessment of his personal federal income taxes.

Samir Patel of Statesboro, Georgia, was a tax return preparer at a national return preparation business from 1999 to 2021, according to court documents.

In 2015, he purchased a franchise of the business in Claxton, and as its owner, he hired, trained and supervised tax preparers, and continued to prepare returns for customers.

MS Education Academy

He, however, willfully filed false income tax returns that underreported his income and evaded proper assessment of his personal taxes for years 2015, 2016, and 2017, a Department of Justice release stated.

He faces a maximum penalty of five years in prison, as well as a period of supervised release, restitution and monetary penalties.

The District Court Chief Judge J Randal Hall for the Southern District of Georgia will determine any sentence after considering the US Sentencing Guidelines and other statutory factors.

Subscribe us on The Siasat Daily - Google News

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest World News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment