FREMONT, Wis. - A roofer from Fremont has been indicted for allegedly making false statements on tax returns.
Samuel J. Smith, 56, of Fremont is accused of falsifying statements on his 2009 and 2011 Form 1040 U.S. Individual Income Tax Returns.
Smith falsely stated on his 2009 income tax return that his gross receipts from Fox Valley Roofing and Siding were $757,134 with a subsequent tax obligation of $2,534, according to the indictment.
He said that his 2011 receipts were $5,534,382, with a subsequent tax obligation of $425,931, the indictment said.
In both years, the indictment alleges Smith knew his receipts and tax obligations for Fox Valley Roofing and Siding were much higher than those amounts.
If convicted, Smith faces up to six years in prison and fines of $500,000.