Electronics Dealer Evaded Taxes on $1.2m in Income
A federal jury found Neil Stierhoff, of Providence, R.I., guilty of tax evasion for failing to pay taxes on about $1.2 million in income that he earned from 1999 to 2002.During a week-long trial, prosecutors presented evidence that Stierhoff ran a business selling electronic testing equipment. He sold the equipment by mail, in person, and through eBay, the Internet auction site. From 1999 to 2002, Stierhoff earned more than $1.2 million but failed to file income tax returns or pay taxes on that income. Stierhoff attempted to conceal his income by doing business under several aliases.
An IRS revenue agent testified that Stierhoff owed more than $450,000 in federal taxes for the years 1999 through 2002.
No related posts.
Tags: tax evasion
