This week, it was announced that a federal grand jury in Miami, Florida had returned an indictment charging a Miami, Florida certified public accountant with tax evasion, failing to file tax returns and failing to pay over payroll taxes to the IRS. The indictment explains that Darryl Sharpton owned The Sharpton Group. The Miami-based public accounting firm specialized in tax and wealth planning, audit and attestation, and financial and management consulting.
The defendant is accused of filing personal tax returns for the years 2004 through 2008 and 2010, but not paying the reported taxes. It is also alleged that Sharpton failed to file personal income tax returns for the years 2011 through 2016. The indictment explains that the IRS audited and assessed additional taxes against Sharpton, issued levies and liens. The defendant is accused of removing himself from the company’s payroll, lying to an IRS collections official and paying his personal expenses through the corporate bank accounts.
The defendant is also accused of failing to timely pay over payroll taxes withheld from the paychecks of The Sharpton Group’s employees to the IRS. At this point in time, the defendant is innocence until proven guilty beyond a reasonable doubt in a court of law. If convicted, Sharpton could face a maximum sentence of five years for tax evasion, five years for each count of failing to pay over payroll taxes, and one year for each count of failing to file tax returns.
Additional details have been made available here.