Friday, March 13, 2009

COLUMBIA MAN SENTENCED TO PRISON IN TAX CASE

United States Attorney W. Walter Wilkins stated that Allan Todd Hunnicutt, age 44, of Columbia, was sentenced in federal court for filing false quarterly tax returns for his business. United States District Judge Cameron McGowan Currie sentenced Hunnicutt to one year in prison to be followed by one year of supervised release.

Evidence at trial showed that in 2001, Hunnicutt bought the assets of another company and formed Motion Forward Technologies, Inc. From 2001 until 2004, he withheld income taxes, social security taxes, and medicare taxes from his employees’ paychecks, but failed to pay all of that money to the Internal Revenue Service. From December 2004 through May 2005, Hunnicutt filed five employer's quarterly tax returns on which he falsely claimed that during the covered period he made over $43,000 in tax deposits, when only $6,717 had been deposited.

The case was investigated by agents of the Criminal Investigative Division of the Internal Revenue Service. Assistant United States Attorney Dean A. Eichelberger of the Columbia office handled the case.

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