Wendy Brockenbrough, the owner of three businesses in Virginia, pleaded guilty for failing to pay over payroll taxes that she deducted from her employees’ paychecks from 2011 to 2019. She is also accused of failing to file quarterly tax returns for each of her three businesses.
An avid fisherman, Brockenbrough holds the Virginia state record for catching the largest albacore tuna, at 70 pounds, 11 ounces, in 2019.
Brockenbrough lived a lavish lifestyle that included purchasing a Regulator center console boat for $126,000, a Hatteras 60-foot yacht for approximately $820,000 and a Jeep Wrangler for $41,000.
She concealed her actions by telling her accountants that she made the payments, and forged IRS records and QuickBooks entries to show that the taxes had been paid.
Her actions caused the IRS a loss of $2,721,268.00. In addition to restitution, she faces up to 15 years in prison.
Contact McCauley Law Offices, P.C. to discuss your TAX JAM and get the IRS off your back today!
