×

Foley Couple Faces Charges for Allegedly Failing to File Income Tax Returns

Saint Cloud, MN, USA / KNSI
Jennifer Lewerenz
Apr 12, 2024 | 9:40 AM
Pixabay

(KNSI) — A Foley couple is in trouble with the Minnesota Department of Revenue for allegedly failing to file income tax returns.

The Ramsey County Attorney’s Office has charged Ian Anthony Stocco and Jessica Leigh Stocco, each with six felony counts of willfully failing to file individual income tax returns. According to authorities, from 2017 through 2022, the Stoccos knew of their obligation to file income tax returns but did not, even though they made enough income through his business to require them to file and pay taxes. The Department of Revenue says they owe over $129,000 in income tax, interest and penalties.

Each tax-related felony charge carries a maximum penalty of five years in prison, a $10,000 fine, or both.

___

Copyright 2024 Leighton Media. All rights reserved. This material may not be broadcast, published, redistributed, or rewritten, in any way without consent.

Biden approves national security memo aimed at helping Trump on China, Iran, North Korea and Russia
President Joe Biden has approved a new national security memorandum that is meant to serve as a roadmap for the incoming Trump administration as it looks to counter growing cooperation among China, Iran, North Korea and Russia
ABC News: US 32m ago
Data centers spark concerns over energy use
Tract, a development company based in Colorado, is proposing to build the $5 billion project for an undisclosed company, one of several data centers under construction or planned in Minnesota.
Kirsti Marohn 47m ago
Minnesota's holiday stages offer a mix of joy, history and soul
Minnesota’s holiday theater offerings this year range from the soulful traditions of “Black Nativity” and the whimsical charm of “The Nutcracker Fantasy” to a comedic take on Scrooge at the Guthrie, a kid-approved Grinch...
Jacob Aloi 47m ago
Alex Jones keeps Infowars for now after judge rejects The Onion's winning auction bid
A federal judge in Texas has rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet, criticizing the bidding process as flawed as well as the amount of money that families of the 2012 Sandy Hook Elementary shooting...
ABC News: US 3h ago
See More

FOLLOW US FOR INSTANT UPDATES!

FOLLOW US FOR INSTANT UPDATES!

KNSI on Twitter

No feed items available at this time.

Pause Auto-Update | Back to Top