Springfield Man Admits Failing to Pay Federal Taxes

7 years 4 months 6 days ago Monday, November 26 2012 Nov 26, 2012 Monday, November 26, 2012 4:42:46 PM CST November 26, 2012 in News
By: Associated Press

SPRINGFIELD, Mo. (AP) - The owner of a former southwest Missouri business faces up to six years in prison after admitting he failed to pay certain federal taxes.

The U.S. Attorney's office says 46-year-old Paul Ray Rose Jr., of Highlandville, pleaded guilty Monday to two counts of failure to pay taxes.

Rose owned a Highlandville business that made foam-insulated cardboard boxes. In his plea, Rose admitted he withheld nearly $38,000 in taxes from employees' paychecks from 2006 to 2009 but never sent the money to the IRS.

He also admitted failing to pay more than $375,000 in federal income taxes on his own earnings over the same period.

A sentencing date will be set later.

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