He told the IRS he had no income for several years.
A Tennessee man was convicted at trial of filing tax returns that omitted income he earned from his business.
According to court records, David Haley, 65, of Clarksville, Tennessee, owned Haley & Associates, a heating and plumbing business.
From 2014 through 2017, Haley & Associates was hired as the subcontractor on commercial projects and was paid more than $1 million for each year.
The contractors that hired Haley & Associates paid by check and reported the payments to the IRS. Even though Haley personally received a portion of the company’s earnings as business income and nonemployee compensation, Haley reported earning no income on his tax returns for the years 2014 through 2017. Haley’s failure to report that income on his tax returns for tax years 2015 through 2017 caused the IRS a loss of approximately $186,290.
He faces up to three years in prison.