WASHINGTON – Jeffrey Paper of Potomac, Md., pleaded guilty yesterday to willfully filing a false tax return in the U.S. District Court in Greenbelt, Md., the Justice Department and the Internal Revenue Service (IRS) announced today.
According to court documents, Paper owned and operated a dental practice located in Lanham, Md., between 2008 and 2010. For the 2009 and 2010 tax years, Paper underreported the total gross receipts from his dental practice and overstated his business expenses on his individual income tax returns. As a result of his conduct, the total tax loss to the government was $215,711.
Paper faces a maximum sentence of three years in prison, one year of supervised release and a $250,000 fine. Sentencing is scheduled for March 10, 2014.