Kinston Accountant Pleads Guilty to State Tax Charges
RALEIGH – A Kinston certified public accountant pleaded guilty Thursday to misdemeanor charges filed by the North Carolina Department of Revenue.
Lloyd Council Folks, 58, of 214 East Fire Tower Road, Greenville, entered guilty pleas on Jan. 22, 2004 to four counts of failure to file North Carolina individual income tax returns.
The state's evidence showed that at the time of the offenses, Folks was a certified public accountant practicing in Kinston. During the tax years 1998, 1999, 2000 and 2001, Folks earned sufficient income requiring him to file North Carolina individual income tax returns, but failed to do so. Before appearing in court, Folks filed the delinquent returns and paid the tax due to the North Carolina Department of Revenue.
District Court Judge Kristin H. Ruth consolidated the charges and sentenced Folks to 45 days in the Wake County Jail. The sentence was suspended and he was placed on unsupervised probation for 24 months. He was ordered to perform 100 hours of community service in the first 12 months of probation, pay a $1,000 criminal fine and court costs.
The charges resulted from an investigation by the North Carolina
Department of Revenue's Criminal Investigations Division.
P.O. Box 25000, Raleigh, NC 27640-0001
An Equal Opportunity Employer
- Pay a Bill or Notice
- Taxpayer Self-Help
- Tax Information
- 2014 Individual Income Tax Law Changes
- 2015 Income Tax Estimator
- Understanding Your Notice
- Collections – Past Due Taxes
- Taxpayer Advocate
- Armed Forces
- Resolving Disputes
- Periodic Review of Existing Rules
- Property Auctions
- Reports and Statistics
- Tax Seminars
- Identity Theft