Indian-origin man pleads guilty to tax evasion in US

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New York: An Indian-American tax return preparer faces a maximum penalty of five years in prison after pleading guilty to evading assessment of his personal federal income taxes.

Samir Patel of Statesboro, Georgia, was a tax return preparer at a national return preparation business from 1999 to 2021, according to court documents.

In 2015, he purchased a franchise of the business in Claxton, and as its owner, he hired, trained and supervised tax preparers, and continued to prepare returns for customers.

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He, however, willfully filed false income tax returns that underreported his income and evaded proper assessment of his personal taxes for years 2015, 2016, and 2017, a Department of Justice release stated.

He faces a maximum penalty of five years in prison, as well as a period of supervised release, restitution and monetary penalties.

The District Court Chief Judge J Randal Hall for the Southern District of Georgia will determine any sentence after considering the US Sentencing Guidelines and other statutory factors.

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( With inputs from www.siasat.com )

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