RV seller pleads guilty to tax evasion | Takeover bid


A former Arkansas resident pleaded guilty today to tax evasion and admitted to lying to IRS special agents.

According to court documents, Joshua Wood, previously from Alma, Arkansas, asked his employer not to withhold income tax from his paycheck and then failed to file income tax returns. 2014 to 2016. During these years, Wood made over $ 378,000 selling recreational vehicles (RVs) and automobiles. When questioned by IRS special agents, Wood falsely claimed that he was shot and injured while on a Navy mission, which caused him to suffer from post-traumatic stress disorder. He also falsely claimed that a CPA prepared tax returns on his behalf, when in fact the CPA never prepared Wood’s taxes.

Wood is expected to be sentenced at a later date. He faces a maximum sentence of five years in prison. A federal district court judge will determine any sentence after considering US sentencing guidelines and other statutory factors.

Acting Assistant Deputy Attorney General Stuart M. Goldberg of the Department of Justice’s Taxation Division and United States Attorney David Clay Fowlkes for the Western District of Arkansas made the announcement.

The IRS-Criminal Investigation is investigating the case.

Trial attorneys Robert Kemins and Nicholas Schilling of the Justice Department’s tax division are continuing the case.

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