CHARLESTON (AP) — The owner of a southern West Virginia trucking company faces up to 10 years in prison on federal tax charges.
U.S. Attorney Booth Goodwin says Richard L. Bailey Jr. of Fayetteville pleaded guilty last week to failing to collect and pay federal employment taxes.
Bailey owned and operated Duster Trucking Company in the Fayetteville area. Goodwin says Bailey didn’t deduct more than $25,000 in income, Social Security and Medicare taxes from his workers’ wages in 2009 and 2010. Bailey was required to deduct the taxes and to pay them to the federal government.
Bailey faces up to five years in prison on each charge. His sentencing is set for Oct. 1.