Hollandale Man Pleads Guilty to Tax Fraud
OXFORD, Miss. - United States Attorney Felicia C. Adams and Jerome R. McDuffie, Special Agent in Charge, IRS – Criminal Investigation announced today that Larry Eifling, age 66, of Hollandale, MS, entered a plea of guilty to Count 1 of a Bill of Information charging him with failing to truthfully account for and pay over taxes, in violation of Title 26, United States Code, Section 7202. Eifling faces a maximum of five years in prison, a $250,000 fine, three years of post-release supervision and restitution in the amount of loss.
The Bill of Information sets forth that, during the 2009 tax year, EIFLING owned and operated Community Transfer Service, LLC and that during the relevant time period EIFLING withheld tax payments from his employees’ paychecks, but failed to pay over to the Internal Revenue Service approximately $11,624.19 of such withheld money.
Special Agent in Charge, Jerome R. McDuffie, IRS – Criminal Investigation, stated, “The willful failure to pay employment taxes withheld from employee wages is a criminal offense punishable by jail time; but more important than the incarceration of the offender in these cases, is the trust that is lost in our nation’s tax system when employees’ tax and Social Security contributions are not documented for their future benefit. It is especially important to all of those hardworking taxpayers that Larry Eifling will be held accountable for the widespread harm he caused.”
This matter is being handled by the United States Attorney’s Office for the Northern District of Mississippi and the Jackson office of the Internal Revenue Service, Criminal Investigations.