The tax fraud case involving Cottage Grove’s William Meyers came to a close on Tuesday, Jan. 29 with Meyers receiving a one year and one day federal prison sentence. Meyers, 66, was convicted of filing more than 70 false excise tax forms on behalf of Side Pocket Food Company, a Cottage Grove business. In addition to prison time, Meyers must pay back $873,186.88 of restitution to the Tax and Trade Bureau and serve 300 hours of community service upon release from prison.
The government charged Meyers, presumably because he was the one who signed the tax returns for the business, according to Meyers’ attorney, Bryan Lessley of Eugene. Two of Meyers’ children hold the president and vice president offices for Side Pocket, and Meyers was not the owner or an officer, according to Lessley.
How Meyers will be able to pay the restitution is a big question.
“The fact that Bill has been required to pay what he can under restitution as part of a criminal sentence doesn’t prevent the TTB from also looking to the business,” said Lessley. “I expect that they will want Bill to pay what he can and they will want the company to pay what it can.”For the complete article see the 02-06-2013 issue.
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