Local Landscaping Company Owner Charged with Tax Evasion | USAO-MA
BOSTON – The owner of a local landscaping company was charged today with tax evasion related to a system of underreporting income from his business and personal tax returns.
Kevin Newman, 70, of Auburndale, the owner of Kevin Newman Landscape and Tree Inc., has agreed to plead guilty of tax evasion. A hearing has not yet been scheduled.
As stated on the accounting document, Newman did not disclose income and excessive expenses in his personal tax returns and those filed by his company for the 2015-2019 tax years, resulting in a tax loss of more than $ 384,000.
Tax evasion charges include a prison term of up to five years, a supervised release of up to three years, and a fine of $ 250,000 or double gross profit or loss, whichever is greater. Sentences are passed by a federal district judge based on U.S. sentencing guidelines and other legal factors.
Acting United States attorney Nathaniel R. Mendell and Ramsey E. Covington, Assistant Special Envoy for the Boston Internal Revenue Service’s criminal investigation, announced today. Assistant US attorney Sara Miron Bloom of Mendell’s Securities, Financial and Cyber Fraud Division is pursuing the case.
The information contained in the billing document are allegations. The accused is presumed innocent unless and until he has been found unequivocally guilty in a court of law.