Friday, October 15, 2010

A sobering story, pay the tax man


Why do folks do this?  Looking at Pen time, even in Club Fed, is no walk in the park.

BTW couldn't they have paid $5.00 to just make it an even $495,000.00 ?

Couple pleads guilty to dodging $491,005 in taxes
By Guillermo Contreras - Express-News

A New Braunfels couple pleaded guilty Thursday to dodging $491,005 in taxes by making misrepresentations to the Internal Revenue Service.

Ronald Sober, 70, pleaded guilty to causing the tax loss during the years 2002 to 2006. His wife, Candace Sober, 68, pleaded guilty to impeding tax collection.

The Sobers admitted that they failed to include income from a company they ran, S&W Enterprises, also known as Skeggard Marine, which makes after-market parts for boats. Ronald Sober admitted he falsely told his CPA that he had given ownership of the business to his son, according to his plea documents.

The rest of the story: