Stephen Wayne Looper of Greenville County, SC, was arrested on September 25, 2014 for eight counts of Failure to File a Tax Return and six counts of Willful Failure to Pay Over Withholding Tax. The Greer Police Department assisted in the arrest.
Looper is a dentist and owner of All Smiles Family Dental Group in Greenville, SC. For tax years 2005 through 2012, Looper’s dental practice grossed an approximate total of $7 million. Looper failed to file any state income tax returns, resulting in an outstanding income tax liability of approximately $277,194.
For tax years 2008 through 2013, Looper withheld state income tax from employees’ gross pay but failed to remit the tax due to the SC Department of Revenue. The outstanding withholding tax liability is approximately $51,711.
If convicted of the failure to file income tax charges, Looper faces one year imprisonment and/or a $10,000 fine per count. If convicted of the withholding tax charges, he faces five years imprisonment and/or a $10,000 fine per count.
The SC Department of Revenue is committed to the fair administration of tax laws. “When one person violates the law it unfairly increases the burden for those taxpayers who do comply,” said Rick Reames, Director of the South Carolina Department of Revenue.
http://www.sctax.org/News+Releases/20140925.htm