A North Little Rock man was charged Monday in federal court with five counts of willfully failing to file income taxes on more than $700,000 worth of income for the tax years 2007 through 2011.
Gregory Warren, 52, was charged in a criminal information with separate counts for each personal tax return that wasn't filed in those years, according to a news release from Chris Thyer, U.S. Attorney for the Eastern District of Arkansas, and Christopher A. Henry, Special Agent in Charge of the Internal Revenue Service's criminal investigation unit in Nashville, Tenn.
According to the officials, Warren received taxable income of $199,165 in 2007, $228,291 in 2008, $108,198 in 2009, $80,336 in 2010 and $100,985 in 2011, for a total of $716,975 earned in those five tax years, but didn't file returns reporting any of it.
"The IRS Criminal Investigation Division takes tax violations very seriously," Henry said in the news release. "It is important for the American taxpayers to have confidence that when they file and pay their taxes, their neighbors and co-workers are doing the same."
Court documents available Monday did not list an attorney for Warren.
The statutory penalty for failure to file income tax returns is up to a year in prison and a fine of up to $25,000.
Metro on 11/25/2014