ROCKFORD (WIFR) -- Rockford chiropractor, 42-year-old Todd R. Cevene of Caledonia was charged on December 14, 2012 with tax evasion by a criminal information.
Cevene admitted in his plea agreement that from 2004 he intentionally evaded payment of his federal income taxes by transferring substantial amount of money to other accounts.
Cevene further admitted that he engaged in similar acts of evasion from 2005-2007 and his failure to accurately report income and expenses during those years caused a total underpayment of federal income tax of $91,568.
Cevene faces a maximum of up to 5 years in prison with three years of subsequent supervision and a fine of up to $250,000. His sentencing is set for April 2, 2013.