Subaru Enthusiasts Car Club of the Sierras - I don't think we'll see the red #77 TFS car for a while.

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I don't think we'll see the red #77 TFS car for a while.

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Incline man charged with tax evasion

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ASSOCIATED PRESS

RENO, Nev. (AP) - An Incline Village man has been indicted by a federal grand jury on tax evasion charges, including one that he created a church with himself as minister as a tax dodge.

Paul Jensen is charged with presenting false claims to the IRS for more than $100,000 in tax refunds and failing to pay taxes on more than $500,000 in income.

The indictment includes three felony counts of false claims and three more of tax evasion.

The indictment said Jensen created "an International Academy of Lymphology" auxiliary church, opened a bank account in its name and set it up so only he could sign on the account. He claimed the church had a tax-exempt status.

Jensen submitted claims to the IRS requesting tax refunds for 1997 through 1999 totaling $117,956.

The claims stated he and his spouse had no reportable income for those years when, in fact, they made $534,206.

Jensen also is charged with failing to pay income tax in 2000, 2001 and 2002, even though he had taxable income totaling more than $500,000 during those years.

Natalie Collins, a spokeswoman for the U.S. attorney's office, said Jensen filed "a vow of poverty" with Washoe County and transferred the deed to his Incline Village home and the title to his vehicles to trusts that he had set up with offshore entities and bank accounts.

She added that he had his former employer, Polar Air Cargo, pay his wages directly to the church.

If convicted, Jensen faces up to five years in prison and a $250,000 fine on each count.

http://kevinjmcdaniel.googlepages.com/orly.jpg

Wait... all that money, and he showed up to autocross in a beat down Stealth? Que?

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Originally Posted by BAN SUVS

Wait... all that money, and he showed up to autocross in a beat down Stealth? Que?

He stopped showing up after we called him on the aftermarket intake he had on his F-Stock car at the Divisional.

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Originally Posted by sperry

He stopped showing up after we called him on the aftermarket intake he had on his F-Stock car at the Divisional.

Right we knew he was a cheating bastard... I just didn't know he was a cheating bastard worth at least half a million bucks driving such a beater.

Creating a fake church that you are the minister of to get more money sounds like a pretty low move...

Didn't he just get married? If so, how could he and his wife have made $500K in 97-99... Sure we have the same guy?

It doesn't say they were married then, and how many conniving Paul Jensens can there be in Incline Village?

Plus Paul is a pilot.

What was he thinking. At church I started we follow all the tax laws.

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Originally Posted by BAN SUVS

It doesn't say they were married then, and how many conniving Paul Jensens can there be in Incline Village?

7, maybe 42?

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Originally Posted by Dean

Didn't he just get married? If so, how could he and his wife have made $500K in 97-99... Sure we have the same guy?

Maybe his church allows more than one wife? :P

My buddy is a rev at some internet church. but he just wanted to be able to say he's a Rev, also i think he can legally marry people. but he pays his taxes.

cheating at the autoX , cheating on his taxes. I bet that's a recurring theme for him.

That is unbelievable. Wow, I wonder if it's the same Paul. Paul was a pilot too? I thought he sailed ships, but now that I think about it, I think I remember hearing about airplanes too.

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Originally Posted by MattR

That is unbelievable. Wow, I wonder if it's the same Paul. Paul was a pilot too? I thought he sailed ships, but now that I think about it, I think I remember hearing about airplanes too.

Yeah, that's why his license plate said "PAST V1." It wasn't a radar detector reference. ;)

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Originally Posted by MattR

That is unbelievable. Wow, I wonder if it's the same Paul. Paul was a pilot too? I thought he sailed ships, but now that I think about it, I think I remember hearing about airplanes too.

I have no doubt the guy in the article is the Paul Jensen that used to race with us. Way too many coincidences between the two.

Yeah, I guess I'm not too shocked, I'm just glad I didn;t talk religion with him :lol:

On a side note, does anyone want to join my church?

Does your church allow polygamy too?

Multiple wives and tax evasion? oooh i'm In :)

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Originally Posted by BAN SUVS

Does your church allow polygamy too?

Sure, but no way in hell I'm gonna have more than one wife, have you seen Big Love on HBO? Polygamy is fo suckaz! :lol:

Well I wouldn't marry all of them, just keep a couple around for when I'm bored.

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Originally Posted by MattR

Sure, but no way in hell I'm gonna have more than one wife, have you seen Big Love on HBO? Polygamy is fo suckaz! :lol:

After watching that show, I think polygamy is okay, it's religion that is for suckaz. :lol:

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Originally Posted by BAN SUVS

After watching that show, I think polygamy is okay, it's religion that is for suckaz. :lol:

Well, it's their ass-backwards religious beliefs that support the polygamy...But saying that all religion is for suckaz is a bit of a blanket statement. It's not like all religions support that lifestyle.

So, back on the tax evasion topic....If the paul in the example was having his wages diverted to a "church", isn't the employer liable for some wrongdoing too? If not, then it's no wonder this type of stuff is so common .

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Originally Posted by MattR

The employer probably paid their portion of the taxes. The government doesn't give a shit how you pay your employees, as long as the gov't gets their cut.