Tuesday, May 1, 2018

Nail Salon Supplier Get Nailed For Filing A False Tax Return

According to the DoJ a resident of Troy, Michigan, pleaded guilty on April 26, 2018 to filing a false tax return. According to court documents, Mythi Nguyen co-owned Y & B Nail Supply, a nail salon wholesale business located in Madison Heights, Michigan. 
 
 
From 2009 through 2011, Nguyen underreported more than $1.1 million in business gross receipts from her tax returns, which caused a total tax loss of $272,680.72.
 
U.S. District Judge Gershwin A. Drain scheduled sentencing for September 13, 2018:
  1. Nguyen faces a statutory maximum sentence of 3 years in prison
  2. She also faces a period of supervised release, restitution, and monetary penalties.

Have Undeclared Income?

Contact the Tax Lawyers at 
Marini& Associates, P.A. 
 
 
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