SuperTalk Mississippi

Businessman gets prison time for not filing taxes

GULFPORT- A Mississippi man has received a 12 month prison sentence for not filing his individual income taxes in 2009. 

Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division made the announcement regarding Gulfport native Samuel Frazier.

Frazier who owned two local companies Frazier Fire Systems LLC and EZ Haul Demolition and Construction LLC was contacted by the Internal Revenue Service Criminal Investigation (IRS-CI). He had not filed a tax return since 1997.

In 2009 he failed to file his individual income tax return despite earning a gross amount of $618,253.53. This amount is well above the triggering requirement to file.

In addition to his prison term Fraiser is required to to serve one year of supervised release and pay $210,589 in restitution to the IRS.

More information regarding the Tax Division and it’s efforts can be found HERE. 

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