John Wiley Price finances picked apart by IRS agents in attempt to prove tax fraud

As prosecutors told jurors, there would be no suitcases stuffed with cash in this Dallas public corruption case, but a steady stream of payments over time using bank accounts and check payments.

They weren't huge sums, but John Wiley Price earned enough to roughly double his county commissioner salary every year for a decade, according to prosecutors.

On Monday, the beginning of the trial's seventh week, an IRS revenue agent picked apart Price's finances to help make the government's case that he failed to report more than $1 million in income from 2001 to 2011 that prosecutors say was mostly comprised of bribes.

Even illegally-earned money must be reported in tax returns, said the agent, Rene Hammett. She agreed, for example, that bank robbers would be required to report their stolen loot on their taxes.

Read more: http://www.dallasnews.com/news/crime/2017/04/03/john-wiley-price-finances-picked-apart-irs-agents-attempt-prove-tax-fraud