Delaware Man Faces Five Years In Tax Case
Tax evasion is a scary subject, but the consequences are far worse
A Delaware man pleaded guilty to federal tax evasion.
According to court records, Joseph Timlin, 63, formerly of Claymont, Delaware, failed to file a 2016 income tax return and directed his compensation be paid to a bank account held in the name of a corporate entity he created and controlled.
Timlin also admitted to evading tax obligations for 2014, 2015, 2017 and 2018.
In total, Adams agreed to make restitution to the IRS totaling $246,629. He faces up to five years in prison.