Developer Reaches Agreement in Tax Case; Irs Claims He Evaded $340,000 in Payments Over 10-Year Period

Summary

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City of Pewaukee real estate developer Dennis L. Gritzmacher has reached a plea agreement with federal prosecutors in a case accusing him of evading $340,000 in federal taxes during a 10-year period by not filing tax returns.

The plea agreement filed recently in federal court indicates that Gritzmacher paid no federal taxes from 1994 through 2003 and $20,000 in four installments in 2004, in the midst of an investigation by the Internal Revenue Service.

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Extract

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Developer Reaches Agreement in Tax Case; Irs Claims He Evaded $340,000 in Payments Over 10-Year Period

When Gritzmacher filed a financial statement with the IRS in 2004 in an attempt to resolve his delinquent status, according to the plea agreement, ...

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