IRS Payment Plans, also known as IRS Installment Agreements, are a possibility even if you owe the IRS big money.Â This Las Vegas attorney owes almost $4 million dollars to the IRS and he could have negotiated an IRS payment plan instead of evading taxes.Â However, if you owe more than $100,000, you will need professional tax representation to negotiate an Installment Agreement for you since the IRS are toughest on those who owe over $100,000.Â Better to be represented byÂ Tax Resolution Services’Â team of tax attorneys and IRS specialists to negotiate an IRS payment plan for you than land in federal prison like this Las Vegas attorney:Â
A Las Vegas personal injury attorney who was convicted last year of tax evasion and owes almost $4 million to the IRS was sentenced to five years in federal prison.
Edmund C. Botha, 47, was also ordered to serve three years of supervised release and to pay $685,505 in restitution to the IRS as a condition of supervised release.
âThe length, breadth, and complexity of this scheme and the gravity of the offense warranted a severe penalty,â said Greg Brower, U.S. Attorney for the District of Nevada. âDespite earning more than $7 million between 1996 and 2006, Mr. Botha paid just over $230,000 in taxes and went to great lengths to hide his assets from the IRS.â
According to the court records and evidence presented at trial, Botha evaded the taxes by purchasing luxury vehicles in his ex-girlfriendâs name; transacting all of his business in cash and cashierâs checks; and entering into a sham child-support agreement requiring him to pay about $20,000 per month for two children. Testimony at trial showed that Botha conducted over $2 million in cash transactions from 1998 to 2003 and paid his rent, utilities, payroll, and other business expenses with cash or cashierâs checks. Evidence further showed that Botha purchased more than 10 vehicles worth more than $400,000 over a six-year period in his ex-girlfriendâs name, while at the same time having only a 15-year-old car with over 100,000 miles on it in his name.
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