Guilford County Businessman Pleads Guilty To State Tax Charges
Date: June 9, 2008
RALEIGH – A Guilford County businessman pleaded guilty Friday in Wake County Superior Court to tax charges filed by the North Carolina Department of Revenue.
Henry B. Chukwuma, 50, of 1240 Scarlett Drive, High Point pleaded guilty on June 6, 2008 to four counts of attempting to evade or defeat the North Carolina individual income and corporate income tax.
Wake County Superior Court Judge Howard Manning sentenced Chukwuma to a five-month minimum, six-month maximum prison term. The sentence was suspended and Chukwuma was placed on supervised probation for 24 months. He was also ordered to pay a $1,000 fine, complete 100 hours of community service, timely and accurately file all state and federal tax returns and pay all taxes due. He must stop assisting with the preparation of any tax returns during his probation and complete 40 hours of education in the field of accounting and return preparation before resuming any tax work.
An investigation by a special agent with the North Carolina Department of Revenue found that Chukwuma, owner of A&K Tax Service, a tax return preparation business in Greensboro, knowingly and willfully filed fraudulent state income tax returns for 2002, 2003 and 2004, and filed a fraudulent North Carolina corporation franchise and income tax return for the calendar year 2004. Chukwuma reported that he did not receive any gross receipts from A&K Tax Service, when in fact he received $42,458.30 for 2002, $72,457.99 for 2003, and $105,891 for 2004. For the calendar year 2004, Chukwuma was the responsible corporate officer of Nurse Link, Inc. and reported that Nurse Link, Inc. received gross receipts of $105,147, when the business actually received gross receipts of $270,567.98.
The charges against Chukwuma resulted from an investigation by a special agent with the Department’s Criminal Investigations Division in Raleigh.
P.O. Box 25000, Raleigh, NC 27640-0001
An Equal Opportunity Employer