{"id":320907,"date":"2014-12-12T12:25:53","date_gmt":"2014-12-12T18:25:53","guid":{"rendered":"http:\/\/www.ktbb.com\/post\/?p=320907"},"modified":"2014-12-14T06:26:20","modified_gmt":"2014-12-14T12:26:20","slug":"athens-man-guilty-of-federal-income-tax-violations","status":"publish","type":"post","link":"https:\/\/ktbb.com\/post\/?p=320907","title":{"rendered":"Athens Man Guilty of Federal Income Tax Violations"},"content":{"rendered":"<p><a href=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2014\/12\/thumb_Federalcourthouse2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2014\/12\/thumb_Federalcourthouse2-150x119.jpg\" alt=\"thumb_Federalcourthouse2\" width=\"150\" height=\"119\" class=\"alignleft size-thumbnail wp-image-320910\" \/><\/a>TYLER \u2013 64-year-old Joseph A. Masso of Athens will turn over more than $2 million and faces possible prison time after pleading guilty to federal income tax violations, announced U.S. Attorney John M. Bales Friday.  Masso was charged with making and subscribing to a false tax return for the calendar year 2011.  <!--more--> <\/p>\n<p>According to information presented in Court, Masso formed a Texas limited liability company known as Lone Star Western &#038; Casual LLC in December 2007.  Lone Star operated retail clothing stores in Athens, Corsicana, and Waxahachie, Texas.  For tax years 2009-2011, Masso falsely understated the gross receipts for these businesses on his IRS Form 1040 Schedule C by more than $5 million.   As a result, he falsely understated his tax liability for the three tax years by approximately $950,000.<\/p>\n<p>At sentencing, Masso faces imprisonment for up to three years.  Masso has already agreed to pay restitution in excess of $900,000 to the IRS as well as a civil fraud penalty of more than $450,000.   In a related civil action, Masso agreed to forfeit $800,000 to the United States.  The funds were originally seized during the execution of federal seizure warrants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TYLER \u2013 64-year-old Joseph A. Masso of Athens will turn over more than $2 million and faces possible prison time after pleading guilty to federal income tax violations, announced U.S. Attorney John M. Bales Friday. Masso was charged with making and subscribing to a false tax return for the calendar year 2011.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-320907","post","type-post","status-publish","format-standard","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-07-13 14:19:57","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/320907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=320907"}],"version-history":[{"count":4,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/320907\/revisions"}],"predecessor-version":[{"id":320914,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/320907\/revisions\/320914"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=320907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=320907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=320907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}