EDGERTON (WIFR) -- 43-year-old Jeffrey Grams of Edgerton, Wis., is charged with 11 counts of failing to account for and pay over to the Internal Revenue Service payroll taxes withheld from the wages of employees of his businesses. The indictment alleges that on eight occasions from April 2008 through January 2010, he failed to file quarterly employment tax forms and made no payments to the IRS for the payroll taxes withheld from the employees of his business, Rock River Concrete, a corporation doing business in Edgerton.
The indictment also alleges that as the managing partner of Braton Property Group, a corporation doing business in Edgerton, Grams failed to file quarterly employment tax forms and made no payments for the withheld payroll taxes of Braton Property Group employees on three occasions from April to October 2008.
If convicted, Grams faces a maximum penalty of five years in federal prison and a $10,000 fine on each count. The charges against him are the result of an investigation by IRS Criminal Investigation.