BOSTON — A New Hampshire roofing contractor was charged in federal court in Boston in connection with failing to report income from his roofing and siding business to the Internal Revenue Service (IRS).
According to a release, Ronald McPhail, 53, of Windham, N.H., was charged with one count of filing a false tax return.
According to the charging documents, McPhail owed more than $700,000 in income taxes to the IRS after he failed to report more than $7.1 million in revenues and approximately $2.43 million in income from his roofing and siding business on his federal tax returns for tax years 2014 through 2019. To conceal his scheme, McPhail allegedly cashed customer checks without first depositing them and withheld information concerning these checks and other business revenues from his tax preparers.
The charge of filing a false tax return provides for a sentence of up to three years in prison, one year of supervised release and a fine of $100,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.
Acting U.S. Attorney Nathaniel R. Mendell and Ramsey E. Covington, acting special agent in charge of the IRS' criminal investigations in Boston, made the announcement on Thursday. Assistant U.S. Attorney Seth B. Kosto, deputy chief of Mendell’s Securities, financial and cyber fraud unit, is prosecuting the case.
The details contained in the charging documents are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.