Jolie Rouge
03-31-2009, 07:14 AM
IRS agent admits cheating on his own taxes
1 hr 29 mins ago
SANTA ANA, Calif. – An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.
In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) of Diamond Bar admitted that he filed a tax return claiming a loss on a real estate transaction when he in fact saw a large profit.
He pleaded guilty to one federal count of subscribing to a false tax return, a charge that carries a penalty of up to three years in prison.
According to the plea agreement, Liu sold a property in Pomona in 2002 for a profit of more than $48,000, but reported a loss of $4,200 on his taxes.
The tax loss to the government was more than $14,000.
http://news.yahoo.com/s/ap/20090331/ap_on_re_us/irs_agent_fraud
1 hr 29 mins ago
SANTA ANA, Calif. – An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.
In a plea agreement filed Monday in Orange County, 43-year-old Jim H. Liu (LOO) of Diamond Bar admitted that he filed a tax return claiming a loss on a real estate transaction when he in fact saw a large profit.
He pleaded guilty to one federal count of subscribing to a false tax return, a charge that carries a penalty of up to three years in prison.
According to the plea agreement, Liu sold a property in Pomona in 2002 for a profit of more than $48,000, but reported a loss of $4,200 on his taxes.
The tax loss to the government was more than $14,000.
http://news.yahoo.com/s/ap/20090331/ap_on_re_us/irs_agent_fraud