Olathe Contractor Sentenced For Tax Evasion

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Olathe Contractor Sentenced For Tax Evasion

The following press release was published by the U.S. Department of Justice, Office of the United States Attorneys on July 9, 2013. It is reproduced in full below.

KANSAS CITY, KAN. - The owner of an Olathe drywall contracting company has been sentenced to two years in federal prison for failing to pay more than $370,000 in federal income taxes, U.S. Attorney Barry Grissom said today.

Marcos Bowman, 41, Olathe, Kan., pleaded guilty to one count of federal tax evasion. In his plea, he admitted he did not file an individual income tax return in 2007, 2008 and 2009 even though the company he owned, BCK Drywall, had gross receipts during those years of more than $7.9 million. Based on bank records and other sources, he owed at least $373,473 dollars in income tax during those years.

Bowman’s company installed drywall on new commercial projects such as hotels and apartments. Bowman paid for his personal expenses out of BCK’s bank accounts. He took actions to avoid taxes including paying for a girlfriend to purchase a $355,000 home in Olathe in her name and then transfer the property to the mother of his children. He also paid for the purchase of several vehicles in his girlfriend’s name.

He also failed to provide subcontractors who did work for his company with Form 1099s so they could report the income they received from him on their own tax returns.

Grissom commended IRS Criminal Investigation and Assistant U.S. Attorney Scott Rask for their work on the case.

Source: U.S. Department of Justice, Office of the United States Attorneys

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