Loris area contractor charged with tax evasion
By DEUCE NIVEN
Tax evasion warrants have been served on a Loris area contractor, the South Carolina Department of Revenue (SCDOR) said Monday.
Nick Angelo Kaltsunis, 50, was arrested by SCDOR Monday, charged with four counts of attempting to evade or defeat a tax, an agency news release said.
Agent affidavits allege that Kaltsunis underreported a total of $492,266 in gross income on his tax returns, claiming a total of $6,310 in refunds when in fact his total tax liability for tax years 2014-2017 was $8,487.
Kaltsunis is accused of evading an assessment of $14,797 in taxes due.
If convicted, Kaltsunis faces up to five years in prison and/or a fine up to $10,000 for each charge, plus the cost of prosecution.
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