Nevada home healthcare owner sentenced to 1 year in prison for employment tax fraud

Maria Larkin was sentenced Wednesday to one year and one day in prison for tax evasion while she owned and operated Las Vegas-based Five Star Home Health Care.

Ms. Larkin was convicted in June of withholding income, Social Security and Medicare taxes from her employees' wages from 2004 to 2009, without paying these taxes to the Internal Revenue Service. As a result, the IRS issued trust fund recovery penalties against Ms. Larkin.

Ms. Larkin concealed her assets and evaded the penalties for years, going so far as to change the name of her business and put the business in someone else's name.

Though she evaded $1.6 million in taxes, she will have to pay $1.15 million in restitution and serve three years of supervised release after she completes her prison time.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>