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North Idaho woman convicted of grand theft and tax evasion

The following is a press release from the Idaho State Tax Commission.

BOISE – A Rathdrum accountant faces prison time and restitution for tax evasion and grand theft in connection with the embezzlement of client funds.

The Kootenai County District Court sentenced Julia Dennett to five years in prison for tax evasion and 10 years in prison plus four years indefinitely for grand theft. In lieu of prison, the judge retained jurisdiction over her case for a period of one year while she completes mandatory rehabilitation programs. Dennett's conviction also requires her to pay restitution to her victims and the Idaho State Tax Commission.

Dennett owned an accounting firm that specialized in contract accounting. She took advantage of a client's trust by embezzling their funds. She also accepted funds from a parent-teacher organization while volunteering as treasurer. Dennett then failed to report the embezzled income, totaling $59,155, on her 2022 Idaho income tax return.

“Illegal income is taxable in Idaho,” said Tax Commission Chairman Jeff McCray. “We are committed to investigating all cases of tax fraud.”

The Tax Commission uncovers tax crimes through regular analyses of tax returns and tax audits, as well as through tips from law enforcement agencies, other government agencies and the public.

To report tax fraud, email the Idaho State Tax Commission Fraud Prevention Unit at fraud@tax.idaho.gov or complete the online fraud reporting form at tax.idaho.gov/fraud. You can remain anonymous.

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Anna Harden

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