At Tax Resolution Services we always say that you only can evade taxes for so long before getting caught. No tax cheater ever seems to think that the longer they get away with tax evasion, the steeper their penalty will be when they get caught! Case in point:
Florida real estate agent Thomas Daugherty, 54, of Fort Myers, was sentenced to 24 months in federal prison for tax evasion. The court also ordered Daugherty to pay $2 million in restitution to the IRS.
According to court documents, from 1998 to 2005, Daugherty, who specialized in commercial real estate transactions, attempted to evade paying approximately $1.6 million in federal income tax.
Daugherty placed real properties in the names of others and purchased cashier’s checks with money he earned, rather than depositing the money in a bank account from which the money could have been seized by the IRS. Daugherty cashed the cashier’s checks, as needed, to cover living expenses.
Tax evaders must live in constant fear of being caught! Why not settle your back taxes and live in peace? TRS has helped many people find tax relief (the first step is a free consultation!). You can read the happiness between the lines from our tax client testimonials!
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