Two accountants plead guilty in Tahoe author’s tax fraud case | TahoeDailyTribune.com

Two accountants plead guilty in Tahoe author’s tax fraud case

RENO (AP) – Two Nevada accountants pleaded guilty to federal charges Thursday related to the filing of false income taxes seven years ago by best-selling author Dale Brown.

Roger Steele, owner of Steele Accountancy Inc. in Carson City, pleaded guilty in U.S. District Court in Reno to preparing a false individual income tax return.

His wife, Kimberly Steele, an accountant in Reno, pleaded guilty to attempting to obstruct an audit by the Internal Revenue Service, officials for the IRS and the Justice Department said Thursday.

Brown has written such best sellers as “Flight of the Old Dog,” “Fatal Terrain” and “Warrior Class.”

He pleaded guilty in April 2004 to filing false tax returns as part of an offshore tax scheme promoted by Roger Steele. He was fined $25,000 and sentenced to six months confinement at his Lake Tahoe home for falsifying more than $450,000 in expenses.

Brown, 48, Incline Village, received no jail time partly because of his cooperation with federal agents in the prosecution of the lead promoter of the scheme, Terry Neal of Oregon, government attorneys said.

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Brown testified before Congress last year about his wrongdoing in an effort to keep others from getting involved in such schemes.

“I was greedy, vain, selfish and took bad advice from financial professionals I trusted,” Brown told the Senate Finance Committee on July 21.

The Steeles each face up to three years in prison and a $250,000 fine. U.S. District Court Judge Larry Hicks in Reno is scheduled to sentence Roger Steele on Dec. 29 and Kimberly Steele on March 16, 2006.