Ohio businessman pleads guilty to tax evasion
An Ohio businessman pleaded guilty to two counts of tax evasion in a U.S. District Court in Akron this week. Alex Byczek, the owner of Strongsville Marathon Inc., admitted to not filing his personal income between 2003 and 2004, according to Internal Revenue Service Public Information Officer Frank Brown.
An Ohio businessman pleaded guilty to two counts of tax evasion in a U.S. District Court in Akron this week. Alex Byczek, the owner of Strongsville Marathon Inc., admitted to not filing his personal income between 2003 and 2004, according to Internal Revenue Service Public Information Officer Frank Brown.
Byczek allegedly filed joint taxable income of $529,691 for he and his wife, Cleveland.com reports. Their actual earnings were $807,965. Byczek was also indicted in April for preparing a false return for his business back in 2004. He reported Strongsville Marathon's taxable income to be $110,754, which is $479,442 short of the actual number. Cleveland.com says that Byczek will be sentenced on December 2, but Brown says he does not know how long he will serve in jail.
Tax evasion is considered a federal crime in the U.S. Filing false returns or failing to report annual income may result in jail time and fines. The government relies on the money to fund public programs. If the money owed is not repaid in a timely manner, the IRS reserves the right to seize the offender's assets and property.
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