United States of America v. Elizabeth Wood and Rebecca Adams

Greensboro, NC - The United States of America charged Elizabeth Wood, age 40, and Rebecca Adams, age 57, with failing to pay employment taxes.



According to documents and information provided to the court, Defendants operated a temporary staffing businesses in Greensboro under the names A & R Staffing Solutions, Inc., Wood Executive Services Inc., and Adams Staffing Enterprises Inc. Wood and her mother withheld federal and state taxes from employees’ paychecks but did not pay those taxes over to the IRS or the State of North Carolina. In 2015, Wood pleaded guilty to embezzling employee state tax withholdings and was sentenced to prison. After her release, Wood resumed her role at the staffing business where she continued to withhold federal taxes from employees’ paychecks, but again did not pay those taxes over to the IRS. She also did not file with the IRS the required quarterly payroll tax return.



On Feb. 5, 2020, Wood and her mother, Adams, pleaded guilty to failing to pay over employment taxes. Adams is scheduled to be sentenced on July 9, 2020.



In addition to the term of imprisonment, U.S. Senior District Judge N. Carlton Tilley Jr., ordered Wood to serve three years of supervised release and to pay approximately $2,338,766 in restitution to the United States.



Principal Deputy Assistant Attorney General Zuckerman and U.S. Attorney Martin thanked special agents of IRS-Criminal Investigation, who conducted the investigation, and Trial Attorney Kevin Schneider of the Tax Division and Assistant U.S. Attorney Frank Chut, who are prosecuting the case.



18:371; Conspiracy to commit tax fraud

(1)

26:7202; Failure to collect/pay over tax

(2-8)

26:7202; Failure to collect/pay over tax

(9)

26:7202; Failure to collect/pay over tax

(10-19)

26:7201; Attempt to evade tax

(20)

Wood was sentenced to eighteen (18) months imprisonment, three (3) years supervised release, $100.00 Special Assessment, $2,338,766.69 in Restitution. The defendant shall surrender to the United States Marshal for this district at 324 W. Market St., in Greensboro, N.C. at 12:00 noon on August 6, 2020. In lieu of reporting to the Marshal's Office, the defendant shall be allowed to report to her designated facility within the Bureau of Prisons at her own expense and at whatever time she is instructed to report.