Posts Tagged ‘Nonprofit Business Taxes’

Nonprofits Need To Pay Taxes Too!

Monday, September 29th, 2008

Michael W. Slayton, 49, of Tecumseh, Kan., was sentenced to one year in prison.  The former director of operations of Designs 4 Life, a nonprofit created to assist families requiring in-home care, pleaded guilty to one count of tax evasion.
From 1999 to 2004, he embezzled $238,097 from Designs 4 Life. He wrote 138 checks to himself and fraudulently avoided paying a total of $44,478 in taxes.
Tax Fraud is not good
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