An employee of a defense contractor pleaded guilty to tax evasion.
According to court records, Charles D. Squires, of Ashland, Oregon, was the director of operations for a U.S. Department of Defense contracting company, eventually serving as its chief executive officer for part of the year in 2015.
From 2010 through 2019, Squires did not report on his individual income tax returns all of the compensation he earned from the defense contracting firm. In total, Squires did not report to the IRS more than $1.8 million in compensation he earned during this period, causing a tax loss to the government of approximately $666,080. Squires faces up to five years in prison.