HOME WORLD INDIA BHOPAL BUSINESS ENTERTAINMENT SCIENCE & TECHNOLOGY SPORTS HEALTH
WTN SPECIAL GOSSIP CORNER RECIPES DRINKS FUN FACTS WTN HINDI
EDUCATION LIFESTYLE TRAVEL ART & LITERATURE BIG MEMSAAB OPINION & INTERVIEW BrahMos
ABOUT US PRIVACY POLICY SITEMAP CONTACT US
BREAKING NEWS

Indian-origin man pleads guilty to tax evasion in US

15 Apr 2023
New York, April 15 (IANS) 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.
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.

--IANS mi/pgh

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)