A Cassville business owner was ordered to pay nearly $71,000 to the federal and state governments after pleading guilty to filing a false tax return.
Jerry Don Beebe, 67, admitted in an Oct. 26 guilty plea that he filed false federal income tax returns for tax years 2015-18 in order to avoid paying additional taxes, according to a news release from the office of Tim Garrison, U.S. attorney for the Western District of Missouri.
Beebe owned and operated Beebe’s Roaring River Waterslide in Cassville during the course of the investigation. As he was seeking to sell the business, Beebe met with an undercover federal agent – posing as a potential buyer – in October 2018 and June 2019.
Beebe showed the undercover agent records documenting the attraction's true gross receipts, which differed from those that he filed on his federal tax returns. According to court documents, Beebe admitted he regularly destroyed business records; the records were recovered while conducting search warrants at his business and residence in July 2019.
The terms of his guilty plea require Beebe to pay $70,824 in restitution. The payments comprise $50,966 in unpaid federal taxes, $13,232 in unpaid Missouri sales taxes and $6,626 in unpaid Missouri income taxes, according to the release.
He's also subject to a sentence of up to three years in federal prison, pending a sentencing hearing that's slated to be scheduled after the presentence investigation by the U.S. Probation Office.
Read profiles of this year's honorees.
Aaron York, general superintendent of Donco 3 Construction, describes what he sees in the construction job market in Springfield in 2021. Rachel York is the co-owner of Donco3 Construction.
Jim Meinsen gives his advice for finding new clients as the owner of a new or existing business. Jim and Debbie Meinsen own TCI Graphics, and recently celebrated 50 years in business.
Jeramey and Julia Henson discuss the reason they and HM Dentworks co-owner Chris McWhirter started the HM Dentworks Academy. With the job demands of their field taking them across the country, all three felt that they needed a plan for the future.
Caleb Scott, owner and coach of the Queen City Insane Asylum, says the name for the team was chosen lightheartedly. He said the name also catches people's attention.
Barak Hill gives advice based on what he learned from the COVID-19 pandemic and how it affected his business. He says we should all have a backup plan ready to use.
Sandy Higgins, owner of the Crackerjack Shack, recommends the book "The E-Myth Mastery" by Michael E Gerber. She says it changed the course of how she runs her business.
Aaron York describes the work culture he tries to foster at Donco3 and why he attributes to it a part of Donco3's success. Rachel York is a co-owner of Donco3 and Aaron is the General Superintendent.
Hollie Elliott, executive director of the Dallas County Economic Development Group, explains how local schools factor into business decisions and affect a local community.
Rachel Barks, owner of Artistree Pottery, says an important lesson she learned was not to over-expand and to do her research before hand. She gives examples from her experience as a startup business owner.
Jim and Debbie Meinsen own TCI Graphics, and are now celebrating 50 years of business. Jim Meinsen takes some time to explain his philosophy on debt, and how to stay out of it.