Olathe man pleads guilty to tax evasion
Published on -3/14/2013, 7:08 AM
TOPEKA, Kan. (AP) -- An Olathe business owner pleaded guilty to not paying taxes on more than $370,000.
U.S. Attorney Barry Grissom says in a news release that 41-year-old Marcos Bowman, the owner BCK Drywall, pleaded guilty Wednesday to tax evasion on his tax returns for 2007-2009. His gross receipts for commercial drywall work totaled more than $7.9 million during those years.
Bowman failed to pay $373,473 he owed on those receipts.
Grissom says Bowman used his company's bank account for personal expenses, including cars and a $355,000 home. He also didn't send tax forms to subcontractors so they could accurately report their pay.
He will be sentenced June 17.