Iredell County Man Sentenced on State Tax Charges
RALEIGH – An Iredell County man was sentenced Tuesday in Wake County District Court on tax charges filed by the North Carolina Department of Revenue.
Douglas E. Sherman, 49, of 146 Overlook Drive, Stoney Point, pleaded guilty on Dec. 20, 2004 to five counts of willfully failing to file his 1999 through 2003 state individual income tax returns.
On July 12, 2005, Wake County District Court Judge Shelley Desvousges sentenced Sherman to a 45-day prison term. Sherman spent 28 days in custody and the time was credited towards the 45-day sentence. The balance of the time was suspended. Sherman was placed on supervised probation for 12 months and ordered to pay the cost of court and legal fees.
An investigation by a special agent with the North Carolina Department of Revenue found that as owner and operator of an AAMCO Transmissions franchise located at 40 McCormick Place in Asheville, Sherman had sufficient income requiring him to file state individual income tax returns.
The charges against Sherman resulted from an investigation by an auditor with the Department’s Asheville Examination Office and a special agent with the Department’s Criminal Investigations Division in Raleigh.
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