James T. Mahoney, Failure To File Tax Returns, Missouri 2014

Local Tax Preparer Pleads Guilty to Tax Evasion

St. Louis, MO - James T. Mahoney, a local tax preparer, has pleaded guilty to failing to file tax returns, leaving his neighbors and coworkers wondering if they can trust their tax dollars are being used fairly.

Mahoney, an accountant since 1987, earned a substantial income between 2007 and 2009, totaling over $180,000.

As a result of his income, Mahoney owed a total tax of more than $180,000 but instead of paying his taxes, he admitted to purposely failing to file income tax returns for those years.

With the April 15 tax deadline looming, it is crucial for people to have confidence that their taxes are being used fairly and that their neighbors and co-workers are doing the same.

Mahoney, a resident of Kirkwood, MO, pleaded guilty to one count of failing to file tax returns before United States Magistrate Judge Terry I. Adelman on July 9, 2014.

He now faces a maximum penalty of one year in prison and/or fines up to $25,000. In determining the actual sentences, a Judge is required to consider the U.S. Sentencing Guidelines, which provide recommended sentencing ranges.

The case was investigated by IRS Criminal Investigation. Assistant United States Attorney Howard Marcus is handling the case for the U.S. Attorney's Office.

Mandatory Facts:

Defendant: James T. Mahoney

Criminal Charge: Failing to File Tax Returns

City and State: St. Louis, MO

Exact Date: July 9, 2014

Sentence: One year in prison and/or fines up to $25,000

Dollar Amount: $180,000

Source: https://www.justice.gov/usao-edmo/pr/local-tax-preparer-pleads-guilty-failure-file-tax-returns