[jks812]

LOS ANGELES -- A NASCAR team owner was sentenced Monday to two years in federal prison after he pleaded guilty to defrauding the government of more than $34 million in taxes.
Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was ordered to begin serving his term on Jan. 14, the U.S. Attorney's office said.
Haas pleaded guilty in August to a felony conspiracy charge for orchestrating a plan to list bogus expenses that could be written off as business costs and save Haas Automation millions in taxes. The company makes computerized machine tools.
As part of his plea agreement, Haas paid a $5 million fine, plus more than $70 million in back taxes and interests.
"Mr. Haas has now paid the government more than twice the amount of taxes he attempted to avoid paying," U.S. Attorney Thomas P. O'Brien said in a statement.
"This huge monetary penalty, as well as the two-year prison term, should reassure law-abiding citizens that tax evasion can and will be rooted out, and that there are significant ramifications for those who attempt to cheat the government," he said.

[LSC9901]

There ain't nothin' pretty about that story !!!

[Racer Duck]

I bet Mr. Hass' tax returns for the next eon are sparkling clean...

[thunderfoot]

Originally Posted by Racer Duck

I bet Mr. Hass' tax returns for the next eon are sparkling clean...

I tried to short change the government once and did not include all the W-2's and got slapped a good one. Ever since they have looked at me through a microscope come tax time. I bet there is a whole crew looking at this guy from now on.

[LSC9901]

Originally Posted by thunderfoot

I tried to short change the government once and did not include all the W-2's and got slapped a good one. Ever since they have looked at me through a microscope come tax time. I bet there is a whole crew looking at this guy from now on.

......but you just did it accidentally .... right ?????

[PettyBlue]

Is there any other way?Lol

[thunderfoot]

Originally Posted by LSC9901

......but you just did it accidentally .... right ?????

Of course it was by accident. By accident that I found out by not including one W-2 I got $250.00 more. Does that count? Would you believe my calculator was off due to weak batteries? How about one employer was late with sending out W-2's and I had already figured my taxes and sent it in? Or my cat shredded the W-2 and whizzed on it. So I figured it would have been not nice and unsanitary sending in a dirty W-2? That cat is one smart little girl, and has a great sense of humor. I dont think the tax guys have any humor in them.

[CarlFanFromOZ]

Ouch for Haas, but hey do the crime, do the time

[Bob Tanner]

Originally Posted by jks812

LOS ANGELES -- A NASCAR team owner was sentenced Monday to two years in federal prison after he pleaded guilty to defrauding the government of more than $34 million in taxes.
Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was ordered to begin serving his term on Jan. 14, the U.S. Attorney's office said.
Haas pleaded guilty in August to a felony conspiracy charge for orchestrating a plan to list bogus expenses that could be written off as business costs and save Haas Automation millions in taxes. The company makes computerized machine tools.
As part of his plea agreement, Haas paid a $5 million fine, plus more than $70 million in back taxes and interests.
"Mr. Haas has now paid the government more than twice the amount of taxes he attempted to avoid paying," U.S. Attorney Thomas P. O'Brien said in a statement.
"This huge monetary penalty, as well as the two-year prison term, should reassure law-abiding citizens that tax evasion can and will be rooted out, and that there are significant ramifications for those who attempt to cheat the government," he said.

And Haas found Hendrick to mfg his motors for him...

The old adage, "Birds of a feather flock together," comes to mine and seems, to me, to be germane in this case.

[Nevadastars]

Originally Posted by Bob Tanner

And Haas found Hendrick to mfg his motors for him...

The old adage, "Birds of a feather flock together," comes to mine and seems, to me, to be germane in this case.

Since you brought it up Bob, I'm wondering if Haas will suddenly come up with a life threatening illness, then get a full pardon from Bush.

[Bob Tanner]

Originally Posted by Nevadastars

Since you brought it up Bob, I'm wondering if Haas will suddenly come up with a life threatening illness, then get a full pardon from Bush.

Do you REALLY think things like that actually happen, Donald? Maybe the George W. Bush presidentioal Library will have a Haas Wing?

[thunderfoot]

Originally Posted by Bob Tanner

Do you REALLY think things like that actually happen, Donald? Maybe the George W. Bush presidentioal Library will have a Haas Wing?

Now you gone and done it Bob. That was supposed to be a secret.