New Hampshire Businessman Sentenced To Prison For Tax Evasion
CONCORD, NH – Kevin G. Attar (Attar), age 51, of Hampstead, was sentenced in United States District Court for the District of New Hampshire to eight (8) months in federal prison and a $30,000 fine after having plead guilty to two counts of tax evasion, announced United States Attorney John P. Kacavas.
Attar was the 100% shareholder of Surge Industries, Inc., ("Surge") an employee services company, a subchapter S corporation, from 1989 until March 2004, at which time he sold 2/3 of the business.
During the course of an Internal Revenue Service audit begun in 2006, and in a subsequent criminal investigation, evidence was developed proving that for tax years 2003 and 2004 Attar diverted more than a quarter of a million dollars of his company’s income, that was not claimed on the company’s business tax returns, which he paid to himself without reporting it on his personal tax returns. Specifically, on his Individual Income Tax Return for tax year 2003 Attar under-reported his taxable income by $246,749 and his tax due and owing by $72,319. For tax year 2004 he under- reported his income by $31,057 and his tax due and owing by $10,871.
The case was investigated by the Internal Revenue Service’s Criminal Investigation Office in Portland, Maine and prosecuted by Assistant U.S. Attorney Arnie Huftalen.