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Rapid City real estate agent sentenced for tax evasion

South Dakota

Rapid City real estate agent sentenced for tax evasion

 A Rapid City real estate agent faces up to five years in prison after pleading guilty to tax evasion.

The Rapid City Journal reports Joseph Bennington also must pay more than $124,000 in restitution to the IRS after not reporting $1.209,333 in income between 2008-2017.

Court documents say Bennington didn’t file a tax return for that year and admitted to cashing checks instead of depositing them into a bank account to keep the IRS from being able to track his income.

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