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Tax Evasion Lands N.H. Man in Hot Water
A former Northfield, New Hampshire man is facing serious consequences after being indicted on three counts of tax evasion, the IRS announced today. Ronald W. Martin, a former resident of Northfield, was hit with the indictment for tax years 2008, 2009, and 2010.
According to the indictment, Martin evaded federal income taxes from 2008 through 2010 by directing earned income to be paid to a third party and depositing only a fraction of his income into his business bank account. The indictment alleges that Martin operates the company Martin Construction and concealed the source of his income to avoid paying taxes.
The indictment was unsealed today after being handed down by a federal grand jury in the District of New Hampshire on July 23. Martin is accused of evading federal income taxes on approximately $400,000 of income.
The case was investigated by special agents of IRS – Criminal Investigation and prosecuted by Assistant U.S. Attorney Mark Zuckerman and Senior Litigation Counsel Corey J. Smith of the Tax Division.
A trial date has not been set for Martin, who is facing serious penalties if convicted. Tax evasion is a serious offense that can result in significant fines and even imprisonment.
The indictment serves as a reminder that tax evasion will not be tolerated and those who engage in such activities will be held accountable. The IRS is committed to ensuring that taxpayers comply with tax laws and regulations.
The case against Martin is a prime example of the IRS’s efforts to crack down on tax evasion and other white-collar crimes. The agency will continue to work tirelessly to protect taxpayers and ensure that those who break the law face the consequences.
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Key Facts
- State: New Hampshire
- Category: White Collar Crime
- Source: DOJ Press Release ↗
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