A Former Monahans Businessman Was Fined $1.3 Million for Failing to Pay Withholding Taxes.

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ALEXANDRIA, TX (KOSA) – A former Monahans businessman was ordered yesterday to pay restitution of $1.3 million for failing to pay withholding taxes.

 

TAX REFUND

 

George Wayne Johnson, 74, of Lawrenceburg, Tennessee, was the owner of Wayne’s Welding Services in Monahans, according to court documents. From 2015 to 2018, WWS withheld tax payments from employees’ paychecks but failed to pay the Internal Revenue Service $1,308,797 in required payroll tax (IRS). Johnson spent hundreds of thousands of dollars on his salary and personal expenses through his company. Johnson was sentenced to five years of probation in addition to the restitution ordered.

“Employers have critical tax obligations related to their businesses, which the defendant in this case circumvented in order to enrich himself,” United States Attorney Ashley C. Hoff said. “We will cooperate closely with IRS Criminal Investigations in prosecuting these cases.”

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“This is an appalling act, not only because he stole over a million dollars from our country, but also because he expected his own employees to pay for his extravagant lifestyle,” Ramsey E. Covington, Special Agent in Charge of the IRS Criminal Investigations’ Houston Field Office, said. “I am proud of our IRS Criminal Investigations team for their investigative work on this case, and I am proud of the United States Attorney’s Office for its unwavering support in prosecuting those who choose to violate our tax laws.”

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