Trucking Company Owner Convicted of Tax Evasion Faces Severe IRS Penalties
The owner of a Texas-based trucking company has been convicted of three counts of making false statements on tax returns filed for the company for tax years 2000 to 2002.
Gladys Nell Bishop is the president of Quality Trucking Inc. in Houston. Trial evidence proved Bishop set up an accounting system at the company and maintained checking accounts at two different banks but only reported checks deposited into one of the checking accounts to the IRS. The total unreported income for all three years was in excess of $500,000.
Bishop faces up to three years in prison and a fine of up to $250,000.
Under reporting income is also know as tax evasion. Don’t think about blaming your accountant - when it’s your money, it’s your crime! Got tax problems? We’ve got tax attorneys and IRS specialists that can help you sort through your taxes. Tax Resolution Services boasts a tax relief success rate of 90% - second to none in the tax industry! Tax Resolution Services can be reached at 1-866-IRS-PROBLEMS and visit our Tax Resolution website to view our list of tax help services.
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