JACKSONVILLE, Fla. \u2014 A Jacksonville man was sentenced to 22 months in federal prison after pleading guilty to evading more than $3.7 million in federal income taxes over more than a decade.<\/p>\n
Phillip Mak earned more than $10 million between 2008 and 2020 but failed to pay any federal income tax during that 13-year span, according to a release from the State Attorney\u2019s Office for the Middle District of Florida. <\/p>\n
>>> STREAM ACTION NEWS JAX LIVE <<<<\/a><\/p>\n Despite repeated IRS notices and a Notice of Federal Tax Lien filed against his property, the State Attorney\u2019s Office said Mak had not paid his tax obligation by the end of 2021.<\/p>\n Prosecutors said Mak took deliberate steps to shield his assets from the IRS. Between 2019 and 2021, he transferred $1 million to his domestic partner rather than paying his tax debt. He also transferred ownership of his personal residence to a trust created and controlled by his domestic partner and funneled personal income into a corporate bank account he established.<\/p>\n [DOWNLOAD: Free Action News Jax app for alerts as news breaks<\/a>]<\/p>\n Mak pleaded guilty to one count of tax evasion. In addition to the 22-month prison term, he was sentenced to three years of supervised release and ordered to pay $3,751,485 in restitution to the United States.<\/p>\n \u201cTax evasion isn\u2019t financial strategy \u2014 it\u2019s a deliberate choice with predictable consequences,\u201d said Ron Loecker, Special Agent in Charge of IRS Criminal Investigation\u2019s Florida Field Office.<\/p>\n [SIGN UP: Action News Jax Daily Headlines Newsletter<\/a>] <\/p>\n Click here<\/a> to download the free Action News Jax news and weather apps, click here<\/a> to download the Action News Jax Now app for your smart TV and click here<\/a> to stream Action News Jax live.<\/p>\n Action News Jax Top Stories<\/p>\n","protected":false},"excerpt":{"rendered":"JACKSONVILLE, Fla. \u2014 A Jacksonville man was sentenced to 22 months in federal prison after pleading guilty to…\n","protected":false},"author":2,"featured_media":280545,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[119641,344,347,32137,28,348,59055,116,351,118,70006,117,349,119640,350,119642,346,345],"class_list":["post-280544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jacksonville","tag-3-7-million","tag-action-news-jax","tag-cbs47","tag-federal-prison","tag-florida","tag-fox30","tag-income-taxes","tag-jacksonville","tag-jacksonville-fl","tag-jacksonville-headlines","tag-jacksonville-man","tag-jacksonville-news","tag-northeast-florida","tag-phillip-mak","tag-southeast-georgia","tag-tax-evasion","tag-wfox","tag-wjax"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/280544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=280544"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/280544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/280545"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=280544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=280544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=280544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}