San Jose chiropractor pleads guilty to underreporting $1.4 million in income for taxes

A San Jose chiropractor pleaded guilty Wednesday to assisting in the false preparation of a tax return for underreporting the earnings of his chiropractic practice in according to the U S Attorney for the Northern District of California Tae Hyun Lee a -year-old resident of San Jose took a plea deal admitting his guilt to one count of aiding and assisting in the preparation of a false tax return for hiding income generated by his business Gentle Chiropractic Care from the person preparing his tax return and the Internal Revenue Organization prosecutors stated in a news release From to Lee did not deposit more than million worth of checks into his practice s bank account and instead cashed them at a check-cashing business prosecutors mentioned He also deposited electronic payments and checks into his personal bank account Lee informed the individual who prepared his tax forms that all the money generated by his business had been deposited into its account leading the preparer to assessment it on the forms prosecutors reported This resulted in the majority of the practice s income going unreported to the IRS Related Articles Delivery driver pleads guilty to defrauding DoorDash of million in fake orders California prosecutors unseal first ever narco-terrorism indictment against Mexican drug traffickers Federal civil rights trial begins for California cop who shot unarmed fleeing man in back Menendez brothers a step closer to freedom after judge reduces murder sentences Man who killed Oakland city councilmember s son in Los Angeles sentenced to years to life The unreported income resulted in a loss of at least to the IRS in taxes prosecutors added Lee is self-employed and he is the only owner of Gentle Chiropractic Care prosecutors disclosed Lee is scheduled to be sentenced Sept by U S District Judge P Casey Pitts He could serve up to three years in prison