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Tax Fraud can bring serious consequences

Posted by Avalara on Dec 7, 2017

Washington businessman Mark Standley was recently sentenced to six years in prison for one of the largest sales tax thefts in Washington state history. As the owner of a drywall company, Standley drastically under-reported the amount of sales tax collected from customers over a six year time period.
According to court documents, he only paid the Department of Revenue (DOR) $3,000 of the $855,000 tax owed. To make matters worse, Standley refused to pay workers’ compensation premiums for his employees.

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Topics: Small Business Accounting, QuickBooks Add-ons & Extensions, QuickBooks Software, Avalara, Taxes, Sales Tax

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