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Public Affairs Office
Samantha Cheek (CheekS@sctax.org)
FOR IMMEDIATE RELEASESeptember 23, 2011
SCDOR investigators arrest North Myrtle Beach attorney
Myrtle Beach, S.C. --- Chad Brian Hatley, 43, was arrested today on ten counts of tax related charges consisting of two counts of income tax evasion, two counts of failure to file income tax returns and six counts of failure to collect or pay withholding tax.
As a resident of Little River, Hatley earned $461,816 in gross income with a tax due of $21,599 for tax years 2005 and 2006. Hatley failed to file individual income tax returns and failed to pay the tax due. Thus, Hatley attempted to evade the assessment of the income tax. Each count is a felony and if convicted, Hatley could face fines of up to $20,000 and/or up to 10 years in prison.
For tax years 2007 and 2009, Hatley earned $164,408 in gross income which, by law, required him to file individual income taxes. Hatley failed to timely file his individual income tax returns for these two years and therefore is charged with two counts of failure to file income tax returns. If convicted of these charges, each being a misdemeanor, Hatley could face fines of up to $20,000 and/or up to two years in prison.
As sole member of the Hatley Law Firm, LLC, Chad Hatley failed to truthfully account for and remit over $11,826 of state income taxes withheld for the quarters ending 12/31/2005 through 6/30/2009. For this time period, the company deducted from the taxable wages of its employees $17,562.22 in state income taxes and remitted to the SCDOR $5,735.53 of the taxes withheld. If found guilty of each of the six felony charges, Hatley could face fines of up to $60,000 and/or up to 30 years in prison.
Hatley is currently being held at the J. Rueben Long Detention Facility in Conway where he is awaiting a bond hearing. The Horry County Sherriff’s Office assisted with the arrest.