John S. Billhimer, age 40, of Spring Valley, Ohio pleaded guilty today to a one count federal information charging him with filing a false U.S. Individual Income Tax Return, Form 1040, for tax years 2014 through 2017, said Bryant Jackson, Special Agent in Charge of the Internal Revenue Service Criminal Investigation Cincinnati Field Office.
Billhimer owned and operated various businesses which conducted internet sales of aftermarket automobile parts and accessories, and electronics, on eBay and Amazon. As the sole shareholder of these corporations, Billhimer was responsible for reporting any income that he personally received from these corporations on Schedule E of his U.S. Individual Income Tax Return, Form 1040. For tax years 2014 through 2017, Billhimer willfully filed tax returns which fraudulently understated his tax liabilities and caused a tax loss to the United States of $56,000.
“Income, from whatever source derived, is taxable and needs to be properly reported by all taxpayers," Bryant said. “IRS-CI works everyday to ensure those who don’t pay their fair share are held accountable to the fullest extent possible under the law."
Billhimer will be sentenced on January 6, 2022 by U.S. District Court Judge Michael J. Newman. The defendant’s sentence will be determined by the Court after review of the factors unique to this case, including the defendant’s prior criminal record, the defendant’s role in the offense and the characteristics of the criminal conduct. In all cases, the sentence will not exceed the statutory maximum (3 years) and in most cases it will be less than the maximum.
This case is being prosecuted by Assistant U.S. Attorney Dominick Gerace, following an investigation by the Internal Revenue Service - Criminal Investigation.
Source: U.S. Department of Justice, Office of the United States Attorneys
