spot_imgspot_img

Springfield businessman owes $256K in sales tax fraud plea deal

(The Center Square) – A Springfield furniture salesman will need to pay $255,601 in restitution to the state of Tennessee as part of a plea deal after pleading guilting to a charge of theft regarding falsified sales tax records.

Bruce M. Head, a former Springfield alderman, was charged with filing false sales tax returns with the state between December 2014 and August 2017 for Steward Williams company, where he is president.

Along with restitution, Head is facing five years of probation. He was previously indicted in February on charges of theft, money laundering, tax evasion and sales tax fraud. He was facing up to 25 years in state penitentiary.

“The Department of Revenue promotes voluntary taxpayer compliance by educating taxpayers, aggressively pursuing criminal sanctions and demanding accountability when taxpayers engage in fraudulent activity,” Tennessee Revenue Commissioner David Gerregano said in a statement. “This plea underscores the department’s ongoing efforts to enforce Tennessee’s tax laws.”

The charges came in cooperation with District Attorney Robert J. Nash’s office in Montgomery and Robertson counties.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_imgspot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Therapists file lawsuit challenging Louisiana’s speech restriction law

(The Center Square) — Two Baton Rouge based therapists...

Poll: Favorability of Trump, Harris on low end

(The Center Square) – As America heads through the...

Texas sues administration for not verifying voter registration citizenship info

Following Florida, Texas sued the Biden-Harris administration Tuesday after...

Some Wisconsin voters experience delay on first day of in-person voting

(The Center Square) – Several municipalities experienced slow processing...

Florida vote by mail numbers down 65% compared to 2016 election

(The Center Square) – Vote by mail numbers are...

More like this
Related

Therapists file lawsuit challenging Louisiana’s speech restriction law

(The Center Square) — Two Baton Rouge based therapists...

When federal judge will rule on Illinois’ gun ban challenge unclear

(The Center Square) – It’s now up to a...

Poll: Favorability of Trump, Harris on low end

(The Center Square) – As America heads through the...