YOUR BUSINESS AUTHORITY
Springfield, MO
A Cassville business owner was ordered to pay nearly $71,000 to the federal and state governments after pleading guilty to filing a false tax return.
Jerry Don Beebe, 67, admitted in an Oct. 26 guilty plea that he filed false federal income tax returns for tax years 2015-18 in order to avoid paying additional taxes, according to a news release from the office of Tim Garrison, U.S. attorney for the Western District of Missouri.
Beebe owned and operated Beebe’s Roaring River Waterslide in Cassville during the course of the investigation. As he was seeking to sell the business, Beebe met with an undercover federal agent – posing as a potential buyer – in October 2018 and June 2019.
Beebe showed the undercover agent records documenting the attraction's true gross receipts, which differed from those that he filed on his federal tax returns. According to court documents, Beebe admitted he regularly destroyed business records; the records were recovered while conducting search warrants at his business and residence in July 2019.
The terms of his guilty plea require Beebe to pay $70,824 in restitution. The payments comprise $50,966 in unpaid federal taxes, $13,232 in unpaid Missouri sales taxes and $6,626 in unpaid Missouri income taxes, according to the release.
He's also subject to a sentence of up to three years in federal prison, pending a sentencing hearing that's slated to be scheduled after the presentence investigation by the U.S. Probation Office.
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