Kenneth L. Richardson, 50, a Nashville, Tenn., bail bondsman, pleaded guilty to filing a false federal income tax return and to failing to file a federal income tax return. Richardson admitted that he and his wife filed a federal income tax return for year 2004 reporting an adjusted gross income of $52,714 when their income was at least $248,174. He faces up to four years in prison and a fine of up to $350,000.
More Tax Help, IRS News and Tax Relief Tips:
- Filing False Tax Return Results in 18-Month Prison Sentence
- Firefighter Facing Federal Tax Charges and 30 Years in Prison
- $1 Million Tax Evasion by Owner of Cinemas
- Tax Evasion by Kentucky Businessman Who Hid Assets from IRS
- Filing False Tax Returns Lands Woman 33 Years in Prison