Edgerton man indicted in federal court on tax charges
A federal grand jury in Madison returns an indictment against an Edgerton man facing charges of payroll tax crimes.
43-year-old Jeffrey Grams is charged with 11 counts of failing to account for and pay to the Internal Revenue Service payroll taxes withheld from wages of employees of his businesses.
The indictment alleges that on eight occasions from 2008 through 2010, Grams failed to file quarterly employment tax forms and made no payments to the IRS for payroll taxes withheld from employees of his business, Rock River Concrete in Edgerton.
The indictment also claims that as managing partner of Braton Property Group in Edgerton, Grams also failed to file quarterly employment tax forms and made no payments for withheld payroll taxes of employees on three occasions in 2008.
If convicted, Grams faces a maximum of five years in federal prison and a $10,000 fine on each count.