Lawyer evades tax to pay for wedding
An American lawyer might not be living happily ever after following accusations he engaged in tax fraud to pay for his daughter's wedding.Last month, Knoxville, Tennessee lawyer John Threadgill
An American lawyer might not be living happily ever after following accusations he engaged in tax fraud to pay for his daughter's wedding.
Last month, Knoxville, Tennessee lawyer John Threadgill was charged with tax evasion after it was alleged that between 1986 and 2004 he dodged $US1.4 million ($1.3 million) in taxes, using that money to pay for a variety of personal expenses.
According to the blog Lex Fidelis, Threadgill spent over $US245,000 on family education expenses, $US213,000 on personal real estate purchases, $US69,000 on his daughter's wedding and $US52,000 on travel.
Authorities allege that Threadgill created and maintained ledgers that concealed the true nature of his personal spending spree from his law firm accounts, disguising them as legitimate deductions on his law firm income tax returns.
While not condoning such actions, Folklaw hopes that Threadgill got value for money on these "expenses", and that his daughter and her betrothed are still together and living the American dream.
In November 2009, Threadgill was suspended for practicing law for one year by the Tennessee Supreme Court for the misappropriation of client funds. His trial starts on 21 September.