CHICAGO \u2014 Former Illinois State Sen. Terry Link pleaded guilty today to a federal tax charge and admitted willfully underreporting his income for several years.<\/p>\n
Link, a Democrat, admitted in a plea agreement that he willfully underreported his income on his tax returns for the calendar years 2012 through 2016. The conduct caused total losses to the IRS of at least $71,133, and to the Illinois Department of Revenue of at least $11,527, the plea agreement states. For the calendar year 2016, Link admitted that he underreported approximately $93,859, approximately $73,159 of which was money from a campaign fund \u2013 Friends of Terry Link \u2013 that Link spent on personal expenses, the plea agreement states.<\/p>\n
Link, 73, pleaded guilty to one count of filing a false tax return, which is punishable by up to three years in federal prison. He agreed to pay restitution of $71,133 to the IRS, and $11,527 to the Illinois Department of Revenue.<\/p>\n
U.S. District Judge Robert M. Dow, Jr., did not immediately set a sentencing date. A status hearing was set for March 30, 2021, at 9:00 a.m.<\/p>\n","protected":false},"excerpt":{"rendered":"
CHICAGO \u2014 Former Illinois State Sen. Terry Link pleaded guilty today to a federal tax charge and admitted willfully underreporting his income for several years. Link, a Democrat, admitted in a plea agreement that he willfully underreported his income on his tax returns for the calendar years 2012 through 2016. The conduct caused total losses […]<\/p>\n","protected":false},"author":5409,"featured_media":146181,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":[]},"categories":[54,37],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\n