${site.data.firmName}${SEMFirmNameAlt}
Ste. Genevieve : 573-883-3056
St. Louis : 314-260-6120
NASHVILLE : 615-733-8168
Toll Free : 888-367-6512

Art dealer pleads guilty in tax evasion case

When a person in Missouri completes his or her taxes -- either personal or for business -- he or she may not fully understand the implications of the information that he or she must provide. A simple mistake or accidental oversight may be easy to make. Unfortunately, despite the possibility of a mistake like this occurring with no bad intentions, federal officials may view it as deliberate tax evasion.

In fact, an art dealer in another state has recently pleaded guilty to such charges. Officials claim that the 66-year-old woman claimed that $1.6 million in personal expenses were actually business expenses that qualify for a tax deduction. She is accused of reporting that, in 2011, her business lost $53,000 when, in reality, it is believed that the business made $3.7 million.

Reports accuse the woman of covering up the fraud through her gallery. For example, she allegedly used business checks to pay $800,000 in remodeling costs for her apartment. She reportedly used an additional $120,000 from the gallery to pay for rent and other expenses stemming from a second apartment she lived in during remodeling. As part of the plea agreement, she will pay $3 million, a fine that will cover missed taxes from previous years as well. She also faces up to three years in prison.

Unfortunately, many people in Missouri can also find themselves embroiled in accusations of tax evasion. In most cases, those facing such accusations are unfamiliar with the criminal justice system, putting them at a disadvantage if they are charged. Many feel unable to respond to such accusations without an experienced criminal defense attorney guiding them through the process.

No Comments

Leave a comment
Comment Information
EMAIL US FOR A RESPONSE

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Ste. Genevieve Office
150 Merchant Street
(By Appointment)
Ste. Genevieve, MO 63670

Phone: 573-883-3056
Fax: 573-883-3095
Ste. Genevieve Law Office Map

St. Louis Office
3636 South Geyer Road, Suite 100
(By Appointment)
St. Louis, MO 63127

Phone: 314-260-6120
Fax: 314-238-7201
Map & Directions

Nashville Office
424 Church Street
Suite 2000
PMB 293
Nashville, TN 37219

Phone: 615-733-8168
Map & Directions

Review Us