Estimated reading time: 0 minutes, 45 seconds

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
Read 540 times
Rate this item
(1 Vote)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline