Guilford building restoration business owner pleads guilty to tax evasion

 

Date: October 29, 2020

Contact: newsroom@ci.irs.gov

Christopher Parker, of Guilford, Vermont, waived indictment and pleaded guilty today to a one-count information charging him with tax evasion. U.S. District Judge Christina Reiss ordered Parker released on conditions pending sentencing on February 15, 2021.

According to court records, Parker is the sole proprietor of Christopher M. Parker LLC, a building restoration business based in Guilford, Vermont. His business generated approximately $3.35 million in gross revenues between 2014 and 2018. However, Parker reported only approximately $2.5 million in gross revenues to the Internal Revenue Service on his income tax returns. As a result, Parker avoided paying roughly $281,000 in federal income taxes due and owing for that period.

Tax evasion is punishable by up to five years of imprisonment and a fine of up to $100,000. Parker's sentence will be determined by the Court with reference to federal sentencing guidelines.

The Internal Revenue Service's Criminal Investigation Division investigated this case.

The United States is represented in this matter by Assistant U.S. Attorney Spencer Willig. Jerome F. O'Neill of Gravel & Shea PC represents Parker.