Posts Tagged ‘underreporting employment taxes’

La. Businesswoman Did Not Pay $5 Million in Payroll Taxes

Tuesday, October 14th, 2008

A New Orleans business owner was sentenced to 37 months in prison after failing to pay $5 million in employment taxes (or payroll taxes).  According to court records, Janice Gaudet Craig was the co-owner, Secretary, Treasurer and Chief Financial Officer of TCB Industries Inc., an offshore oilfield fabrication and services company which had a workforce ranging from 216 to 679 employees and located in Abbeville, La.
The IRS investigation revealed Craig
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