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Nicholson Carl

A Mississippi CPA, whose crimes included under-reporting income from the sale of his own firm, has been sentenced to five years in prison. Carl Nicholson was convicted February 8 of conspiracy to defraud the United States, along with six counts of aiding in the preparation of false tax returns and four counts of filing false tax returns.

Nicholson, once auditor for Hattiesburg and Forrest County, Miss., must also  pay a $25,000 fine and restitution of $629,432 to the Internal Revenue Service.

From 2012 to 2014, Nicholson was found to have conspired with a client to falsely classify $740,000 of personal payments as business expenses and filed client tax returns using this information. He was also found guilty by a jury of filing his own false personal income tax returns for 2012 through 2015. This included claiming false expenses, failure  to report embezzlement income, and under-reporting the gain on the sale of his accounting firm Nicholson & Company.

Last modified on Tuesday, 28 May 2019
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