Guilty plea expected for $329,000 tax-fraud case
August 13, 2013
The owner of Kelly Coin Machine Co. in Carroll who was charged with five felonies last year for tax fraud will plead guilty on Thursday as part of a deal he struck with state prosecutors, court records show.
Dan M. Goins, 60, was accused last year of falsifying state sales-tax reports from 2006 to 2009 to hide $4.8 million worth of sales from his coin-operated games business.
Iowa law requires Goins to pay a 5 percent tax on earnings from those games, and investigators allege that Goins avoided about $329,000 of sales tax.
State investigators discovered the alleged fraud when Goins reported different amounts of income on his income- and sales-tax returns. He was subsequently charged with two felonies for a false return/fraudulent practice and three for tax evasion. The crimes have a maximum total punishment of 35 years in prison.
Goins and prosecutors of the Iowa Attorney General's office reached a deal months ago in which Goins will plead guilty to one or more crimes in exchange for a deferred judgment, court records show.
Under the arrangement, Goins would not be officially convicted of the crimes, would not go to prison and would not be a felon if he abides the terms of his probation, which could go on for years. He might also be required to pay the tax money he owes and a fine.
Goins' attorney Brian Humke, of Ames, wrote earlier this year that Goins chose the deal rather than a trial because "the community may view him with suspicion," and "he will have to endure prolonged anxiety and concern" about going to prison.
A court hearing is set for Thursday in Jefferson in which Goins is expected to plead guilty. He might be sentenced that day.
Content © 2014 Daily Times Herald
Software © 1998-2014 1up! Software, All Rights Reserved