Post by Logan on Mar 29, 2016 0:15:49 GMT -6
The U.S. Attorney’s office says the former owner of a trucking company in Kansas City, Kan., pleaded guilty Monday to evading federal income taxes.
Clifford C. Copp, of Overland Park, the owner of Copp Trucking Co., pleaded guilty Monday to one count of tax evasion.
Copp admitted he filed federal tax forms that in 2001 that said the company owed about $939,408 in employment taxes but the company didn’t pay the taxes.
In February 2004, Copp was assessed penalties of $669,037 but concealed income when the Internal Revenue Service began collection. He also concealed his ownership interest in assets including livestock, life insurance and farm equipment, as well as in a company he formed called Wildcat Limo, LLC.
Read more: cjonline.com/news/2016-03-28/former-kansas-trucking-company-owner-pleads-guilty-tax-evasion
Clifford C. Copp, of Overland Park, the owner of Copp Trucking Co., pleaded guilty Monday to one count of tax evasion.
Copp admitted he filed federal tax forms that in 2001 that said the company owed about $939,408 in employment taxes but the company didn’t pay the taxes.
In February 2004, Copp was assessed penalties of $669,037 but concealed income when the Internal Revenue Service began collection. He also concealed his ownership interest in assets including livestock, life insurance and farm equipment, as well as in a company he formed called Wildcat Limo, LLC.
Read more: cjonline.com/news/2016-03-28/former-kansas-trucking-company-owner-pleads-guilty-tax-evasion