A Casper business owner has been sentenced to prison after being convicted of tax violations related to his drywall company, Drywall Perfections, Inc. (DPI). Esequiel “Tony” Terrazas Pacheco, 32, from Evansville, Wyoming, received an 18-month prison sentence and three years of supervised release for willful failure to file an income tax return and willful failure to account for and pay over tax.
U.S. District Court Judge Scott W. Skavdahl issued the sentence on February 3 in Casper. In addition to the prison term, Terrazas Pacheco was ordered to pay $766,744.28 in restitution to the Internal Revenue Service (IRS).
Court documents show that Terrazas Pacheco operated DPI from his home since 2015 and never filed corporate or personal tax returns during that period. Although a tax preparer prepared quarterly employer tax returns (Forms 941) for ten quarters between late 2019 and early 2022, he failed to file these forms or pay the required taxes. The investigation also found that DPI lacked proper bookkeeping or accounting practices and did not maintain adequate records.
“Mr. Terrasas Pacheco had multiple opportunities to accurately report and file his income taxes,” said U.S. Attorney Darin Smith. "Over a period of six years he willfully and knowingly defrauded the U.S. government and placed additional tax burden on the shoulders of hardworking taxpayers. Thanks to the outstanding investigative work of IRS-CI and our prosecutors, justice has been served."
Amanda Prestegard, Special Agent in Charge at IRS-CI Denver Field Office, stated: “Esequiel Terrazas Pacheco is spending the next 18 months in jail and will be paying back the federal government for much longer than that. His actions were motivated by greed with a complete disregard for his employees. We appreciate our partnership with the U.S. Attorney’s Office in helping us hold employment tax cheats accountable for victimizing not only the IRS, but their own dedicated workforce.”
The case was investigated by IRS Criminal Investigation.
