Western Iowa farmer pleads guilty to filing false tax return
SIOUX CITY, Iowa (AP) — Federal prosecutors say a western Iowa farmer has pleaded guilty in a tax fraud case.
The U.S. Attorney’s Office for the Northern District of Iowa says 64-year-old Kurt Neldeberg, of Whiting, pleaded guilty Wednesday to making a false and fraudulent tax return.
Prosecutors say he failed to report more than $315,000 in farm income from 2009 through 2012 and filed false tax returns.
Neldeberg faces up to three years in prison and a $250,000 fine when he’s sentenced at a later date. He will also be required to pay the taxes due on the unreported income.