Businessman Pleads Guilty to Tax Evasion
Stephen R. Savage, 51, of Milford, Mass., pleaded guilty to three counts of income tax evasion. Prosecutors told the court government evidence showed Savage was the owner of a construction business when he subscribed to several services to hide his income and expenses from the IRS. Savage filed a false federal tax return for calendar year 2002 and failed to file tax returns for 2004 and 2005. He faces up to 5 years in prison and a fine of up to $250,000 on each of the three counts.
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Tags: filing false federal tax return, hide income from IRS, income tax evasion, tax evasion
