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Home > Blogs > Dayton Courts: Legal and crime news > Archives > 2009 > November > 06 > Entry
Springfield business owner pleads guilty to tax charge
DAYTON — A Springfield business owner who pocketed $220,000 of his employees’ payroll taxes pleaded guilty Friday, Nov. 6, to one count of willful failure to collect and pay owed employment taxes to the Internal Revenue Service.
Richard Albrecht, Jr., 52, of Yellow Springs, appeared before U.S. District Senior Judge Walter H. Rice, Jr., who scheduled sentencing for Feb. 4.
Albrecht faces a maximum prison sentence of five years and a fine of $10,000, according to Carter M. Stewart, U.S. Attorney for the Southern District of Ohio.
“Employers who fail to remit withheld employment taxes to the IRS are not only enriching themselves, they are creating financial problems for their employees,” said Jose A. Gonzalez, Special Agent in Charge, IRS, Criminal Investigation.
Between 2001 and February 2008, Albrecht owned a rigging company that operated under the names of Automotive Component Systems LLC, R&J Rigging, and RCSI Inc. (collectively, Automotive Component Systems) in and around Springfield, according to court documents.
As owner and operator, Albrecht was responsible for collecting payroll taxes and paying them to the IRS. Although he took the taxes from his employees’ paychecks, he knowingly failed to pay the IRS, specifically for the third quarter of 2003 through the fourth quarter of 2005, according to court documents.
Over this same period of time, Albrecht did not file the required Employer’s Quarterly Federal Income Tax Returns documenting the payroll taxes collected from the employees of Automotive Component Systems with the IRS.
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