Local News

<< Previous   of   Next >>   ADVERTISEMENT   CONTACT THE HERALD Robert Frank, City Editor frank@heraldnet.com   Published: Friday, August 8, 2008 Edmonds man gets 18 months for cheating on taxes By Diana Hefley Herald Writer SEATTLE — An Edmonds man was ordered Thursday to pay the IRS more than $800,000 after cheating on his taxes. Lyle R. Larson, 43, also was sentenced in U.S. District Court in Seattle to 18 months behind bars. Larson pleaded guilty in April to filing a false tax return. Larson admitted that he significantly under-reported his business income and failed to report self-employment taxes on his 2000 through 2003 individual tax returns, IRS officials said. Larson, owner of the software development company Red Planet Corp., earned more than $2.8 million as a programmer and consultant. On his returns, he reported earning only $38,035 in business income, officials said. Evidence shows that Larson bought luxury cars, a yacht and real estate and made various investments. The case was investigated by the IRS Criminal Investigation Unit.

1. Lawsuit blames county and weed inspector in man’s death 2. Cost of dispute falls on Monroe 3. Salish Sea: Huge body of water now has common name 4. Mind if I smoke? 5. Boeing says 787 fixes are done 6. Worker dies after falling 4 stories from Lynnwood building 7. FOOTBALL FORECAST: Battle of unbeatens highlights first week of state-playoff action 8. Granite Falls-area fire chief placed on paid leave 9. Everett dentist travels world to help 10. Benefit to help injured soldier, his family 2 - Top 10 Stories Most Talked about 3 - Top 10 Stories Most Emailed

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