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Village President Joe Cook Charged with Not Filing Federal Tax Returns

Federal officials say Channahon's village president did not file taxes between 2006 and 2008.

Federal officials filed charges Monday against , alleging he did not file federal income tax returns between 2005 and 2008.

The charges, which are misdemeanors, claim Cook made $250,000 from two public jobs, including village president and a private consulting business, Channahon-based Phase One.

“According to the charges, Cook earned gross income from at least three sources—Channahon, Will County and Phase One—totaling approximately $69,672 in 2005, $82,542 in 2006, $60,304 in 2007, and $39,066 in 2008, but did not file federal individual tax returns.  He also allegedly failed to file federal corporate tax returns for Phase One, which Cook incorporated in December 2006,” according to a press release from the U.S. Department of Justice.

When reached by phone Tuesday morning, Channahon Village President Joe Cook declined to comment on the charges.

Each count of failing to file a federal income tax return carries a maximum penalty of one year in prison and a $100,000 fine, in addition to paying prosecution costs and back taxes. If found guilty, there is also a civil fraud penalty of 75 percent of the underpayment plus interest.

The charges against Cook come on the heels of a filed by the Regional Transit Authority last week, accusing the village of benefiting from a sales tax loophole. Cook said the suit was

Cook was as village president in April.

Jackie September 18, 2011 at 12:44 PM
Unless you don't get a paycheck. Then it's your responsiblity to file the return on money earned
Jackie September 18, 2011 at 12:45 PM
Thanks Tim
Jackie September 18, 2011 at 12:46 PM
He needs to resign and the People of the Village need to make this very clear to him! I certainly don't want him managing our money. Also if he cheats with this what else is he cheating on.
Opinionated October 03, 2011 at 07:43 PM
Could someone please provide a list of the good things he has done for Channahon? As of right now I am struggling to see how we are even keeping up with our bills due to poor management and vision. Don't even get me started on the police......
Jackie October 05, 2011 at 02:22 PM
He needs to resign and Channahon needs to demand it not defend him. Any public figure who feels he is above the law is extremely dangerous!

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