Hunter Biden to Plead Guilty to Federal Tax Crimes

Written by Ricky Nave in News,Taxes

Hunter Biden, son of President Joe Biden, has agreed to plead guilty to criminal federal tax charges.

Hunter was charged with two counts of willful failure to pay federal income tax.

Willful failure to pay federal income tax can be a crime that is classified and prosecuted either as a misdemeanor (IRC 7203) or a felony (IRC 7201). Hunter was charged with the lesser crime (the misdemeanor), and the U.S. Attorney for Delaware is recommending to the judge that Hunter only receive probation for the crimes. In principle though, Hunter’s dad, as President, could pardon him of any crime.

That’s a safety cushion we normal people don’t have, so if you’re a business owner who is years behind on your taxes, contact me today so I can help you catch up on your bookkeeping backlog.

Ricky Nave

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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