Today, a Massachusetts man admitted to avoiding taxes on money he received from working as a commercial fisherman.
John Doe of New Bedford, Massachusetts, worked as a commercial fisherman who mostly operated out of the Port of New Bedford, according to court documents and testimony given in court. Between 2012 and 2021, Doe received almost $1.9 million in income, but he failed to file tax returns with the IRS and didn’t pay taxes on it. Doe used check-cashing businesses to cash his paychecks from fishing companies and then used the money to support his own lifestyle in order to hide his earnings from the IRS. Additionally, he cashed the checks using false names. In sum, Doe cost the IRS about $520,415 in lost tax revenue.
Doe will be given a sentencing on December 1 and could be facing a five-year prison sentence under the law. In addition, he must pay reparations, serve a period of supervised release, and pay fines. After taking into account the U.S. Sentencing Guidelines and other legal considerations, a federal district court judge will decide on any sentence.
Acting The declaration was made by Stuart M. Goldberg, Deputy Assistant Attorney General of the Tax Division of the Justice Department.
The situation is being investigated by IRS-Criminal Investigation.
The case is being prosecuted by Trial Attorney Ezra Spiro and Assistant Chief John Kane of the Tax Division.