Pleads Guilty to Failing to File Maryland Income Tax Returns
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.