Rapid City real estate agent faces prison for tax evasion
RAPID CITY, S.D. (AP) — A Rapid City real estate agent faces up to five years in prison after pleading guilty to tax evasion.
The Rapid City Journal reports Joseph Bennington also must pay more than $124,000 in restitution to the IRS after not reporting $1.209,333 in income between 2008-2017.
Court documents say Bennington didn’t file a tax return for that year and admitted to cashing checks instead of depositing them into a bank account to keep the IRS from being able to track his income.
Court records show Bennington is scheduled for sentencing on April 27.