CHARLESTON, W.Va. – Timothy Nolan, 58, of Vienna, West Virginia, is facing a hefty price for playing fast and loose with his taxes. Nolan pled guilty to federal tax fraud this week, admitting to years of deliberately underreporting his income to the Internal Revenue Service. The scheme cost the government over $267,000, and now, Nolan is staring down the barrel of a potential three-year prison sentence.
United States Attorney Mike Stuart didn’t mince words about the case. “Nolan schemed and defrauded the IRS for several years to the tune of more than $267,000,” Stuart stated. “Up to three years in a federal prison, a $250,000 fine and full restitution of nearly $268,000. Tax obligations are not voluntary. No one likes paying taxes but tax payments are not optional.” This isn’t a case of simple oversight; it’s a calculated attempt to cheat the system, and the feds are responding accordingly.
Court documents reveal the depth of Nolan’s deception. In 2015 alone, he reported a taxable income of just $17,788 to the IRS, while his actual taxable income exceeded $200,000. And he didn’t just fudge the numbers – Nolan signed sworn declarations under penalty of perjury, certifying the accuracy of his fraudulent returns. This wasn’t a one-time slip-up. From 2013 through 2016, Nolan consistently underreported his personal income, and also failed to remit proper employment taxes (Form 941) for his employees from 2013-2017, neglecting workers’ compensation premiums on unreported wages. The total amount of wrongfully withheld income? A staggering $267,778.42.
The investigation wasn’t a solo effort. The Department of the Treasury, the Internal Revenue Service-Criminal Investigation (IRS-CI), the United States Department of Justice Tax Division, and the West Virginia Office of the Insurance Commissioner all contributed to building the case against Nolan. This multi-agency collaboration sent a clear message: financial crimes will be aggressively pursued, no matter how complex the scheme.
Nolan is scheduled to be sentenced on November 23, 2020, before United States District Judge Joseph R. Goodwin. He’s facing a maximum of three years behind bars, a $250,000 fine, and a year of supervised release. Additionally, the court will determine the final amount of restitution Nolan will be required to pay – currently estimated at $267,786.42. Assistant United States Attorney Erik S. Goes is prosecuting the case.
For those seeking further details, a press release is available on the U.S. Attorney’s Office website for the Southern District of West Virginia. Court documents can be found on PACER under Case No. 2:20-cr-00136. This case serves as a stark reminder that attempting to evade taxes is a serious crime with serious consequences. Follow @SDWVNews and @USAttyStuart on Twitter for updates on federal cases in the Southern District of West Virginia.
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Key Facts
- State: West Virginia
- Agency: DOJ USAO
- Category: White Collar Crime
- Source: Official Source ↗
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