March 31, 2009
IRS agent pleads guilty to tax charge
An Internal Revenue Service official has pleaded guilty to filing a false tax return, U.S. officials said Tuesday.
Jim Liu of Diamond Bar, Calif., has pleaded guilty to filing a tax return in 2002 that claimed he suffered a loss on a real estate transaction when in fact he made a profit, a government statement said.
Liu is an IRS revenue agent and conducts audits of taxpayers.
The statement said Liu sold property in Pomona, Calif., for a profit of more than $48,000, but claimed he had suffered a loss of more than $4,200. The misstatement cost the federal government of $14,642.88.