Friday, June 27, 2014

Memo to the RPHs of the country, be honest when you file your tax returns.


From the IRS's website.:
Ohio Pharmacist Sentenced for Failing to Pay Taxes
On June 4, 2012, in Youngstown, Ohio, Ronald E. Lidderdale, of Magnolia, Ohio, was sentenced to 12 months and one day in prison and one year of supervised release for failing to file federal income tax returns. According to a written plea agreement, Lidderdale, who owned and operated a pharmacy and gift shop, failed to file income tax returns on which he was required to report adjusted gross income of approximately $249,497, $336,800, and $324,734 for 2004, 2005, and 2006, respectively. Lidderdale failed to pay approximately $281,341 in income taxes owing on that income.

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