A CPA operating in Morgantown, West Va., has been indicted for tax fraud. CPA A sole proprietor, Cason faces up to five years in prison and a fine of up to $250,000 on the conspiracy charge and three years in prison and a fine of up to $250,000 on each of the other two counts. He is alleged to have under-reported income, failed to report expenses paid in cash, and failed to report periodic cash payments to employees.
The charges involve his preparation of returns for AKA Enterprises, which owns several Morgantown businesses. The press release from the Department of Justice did not state when crimes are alleged to have taken place or the scale of the alleged fraud.
In May 2013, AKA's president and co-owner David Rees pleaded guilty to tax evasion and was sentenced to one year and one day in jail. He was also ordered to pay $1.49 million in restitution for offenses found to have occurred from 2005 through 2009. The IRS statement makes no connection between Rees' issues and the Cason indictment. West Virginia news reports identifiy Rees as a bar or night club owner.