A Connecticut attorney is facing prison time after admitting to underreporting hundreds of thousands of dollars in income to avoid paying additional taxes to the IRS.
Justin C. Freeman, who owns and operates The Law Offices of Justin C. Freeman in Hartford, pleaded guilty to one count of filing a false tax return for underreporting his income from 2010 to 2012.
According to U.S. Attorney John Durham, for the 2010, 2011 and 2012 tax years, Freeman “signed individual federal income tax returns that significantly underreported the income he received from his law practice.” The returns were subsequently filed by his tax preparer.
For 2010, Freeman reported $476,228 in total income, but actually earned $860,041.93. For 2011, he reported $410,002 in total income, but actually earned $1,093,147.43. For 2012, he reported $529,673 in total income, but actually earned $696,559.43.
Freeman is scheduled to be sentenced on Feb. 20 next year, when he will face a maximum term of up to three years in prison and fines up to $840,000. He has already paid $419,259 in back taxes, and Durham said he has agreed to cooperate with the IRS to pay any outstanding taxes, interest or penalties.
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