Attorney Pleads Guilty to Failing to File Maryland Income Tax Returns

BALTIMORE, MD ( August 20, 2010) - Attorney General Douglas F. Gansler announced today that attorney Gerald I. Katz, of Potomac, pled guilty today to two counts of willful failure to file Maryland income tax return in the Circuit Court for Anne Arundel County. Judge William Mulford scheduled sentencing for October 19th. The charge is a misdemeanor subject to a maximum penalty of five years in jail and a $10,000 fine

Katz filed federal income tax returns for 2004 and 2005, reporting an adjusted gross income of $592,687 and $573,780 respectively. These figures were well above the minimum adjusted gross income level required to file a Maryland income tax return. The Compliance Division of the Maryland Comptroller’s office verified that no Maryland income tax returns were filed with their office for the 2004 and 2005 tax years.

This case was investigated by the Attorney General’s Criminal Division with assistance from the Comptroller’s office and the Maryland State Police. In making his announcement today, Attorney General Gansler thanked Assistant Attorney General Rakesh Patel, investigative auditor Jim Williams, and Maryland State Trooper Sha Brown for their work on the case.