IRVINE, Calif., July 11, 2024 /PRNewswire/ — According to a Department of Justice press release, a Texas man was recently sentenced to serve more than three years in federal prison after being convicted of federal income tax evasion. This story highlights the severe consequences that can arise from intentional tax noncompliance. If you have failed to file a tax return for one or more years, or have taken a position on a tax return that could not be supported upon examination, it is in your best interest to consult with an experienced tax defense attorney to discuss your options to get right with the government.
Defendant Failed to File Tax Returns, Dodged the IRS Upon Exam
Court records reveal that John L. Petrone, a resident of Texas, was sentenced to 37 months in prison for evading taxes on income that he earned from his kratom (an herbal extract) …