Ithaca man pleads guilty to filing false income tax returns

 

William Harrell will be sentenced on June 16, 2020

Date: February 12, 2020

Contact: newsroom@ci.irs.gov

SYRACUSE, NEW YORK – William Harrell of Ithaca, NY pled guilty in federal court to filing a false tax return, announced Jonathan Larsen, Special Agent in Charge of the Internal Revenue Service, New York Field Office.

Harrell was charged with one count of filing a false tax return in 2016. As part of his guilty plea, Harrell admitted that in October 2016, he filed a tax return for the year 2015 in which he knowingly and willfully underreported revenue he received through his construction and remodeling business. Harrell also admitted to underreporting revenue for the years 2012-14, and 2016. Harrell failed to report approximately $3,994,866 in income, as result of which he avoided paying $422,843 in federal incomes taxes, not including interest and penalties.

Harrell faces up to 3 years in prison, a maximum fine of up $250,000, and up to 1 year of supervised release, when he is sentenced by Senior United States District Judge Thomas J. McAvoy on June 16, 2020. A defendant's sentence is imposed by a judge based on the particular statute the defendant is charged with violating, the U.S. Sentencing Guidelines, and other factors.

This case was investigated by the Internal Revenue Service, Criminal Investigation Division, and is being prosecuted by Assistant U.S. Attorney Thomas Sutcliffe.