New Hampshire Business Owner Pleads Guilty to Filing a False Tax Return
- Oksana Yakymchuk
- 5 days ago
- 2 min read
A New Hampshire business owner recently pleaded guilty to filing a false tax return after hiding over $1 million in business income through an under-the-table cash payroll.
By cashing client checks made payable to “cash” and paying employees off the books, she not only underreported her own income but also failed to withhold required payroll taxes. Over three years, she claimed just $35,000 in business income when her company actually earned nearly $1.7 million.
Now, she faces up to three years in federal prison, plus restitution and penalties.
The Lesson:
Trying to hide income or pay workers under the table might seem like an easy short-term fix — but it often leads to long-term legal and financial trouble.
If you’re struggling to pay employment or income taxes, the best move isn’t concealment — it’s resolution. The IRS offers legitimate programs to help reduce or restructure what you owe.
At Genialis Opus LLC, we help small business owners get back into compliance the right way — before it becomes a criminal case.
If you’ve fallen behind, reach out before the IRS reaches out to you.
Lesson from a Florida Tax Evasion Case: The Cover-Up Is Always Worse Than the Debt
A Florida man was recently charged with tax evasion and filing false returns after allegedly hiding millions of dollars in income over several years.
According to court documents, he stopped filing tax returns once his business became profitable — and when the IRS started asking questions, he allegedly told his tax professionals false stories and submitted fake returns to back up his claims.
If convicted, he faces years in federal prison, restitution, and significant fines.
The Lesson:
The moment you stop being truthful with the IRS — or with your own tax preparer — your problem goes from financial to criminal.
It’s natural to feel overwhelmed or embarrassed about unpaid taxes, but trying to hide income or fabricate records will only make matters worse.
If you’ve fallen behind, the best path forward is honesty and professional help. The IRS offers programs to help taxpayers settle what they owe — and when handled correctly, those programs can prevent a case from ever becoming criminal.
At Genialis Opus LLC, we help taxpayers correct past mistakes, resolve debt, and rebuild peace of mind — before the IRS takes action.
If you’re behind, don’t panic — just don’t hide. Get help now.



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