Whiting, IA farmer sentenced for tax fraud

A Whiting, Iowa, farmer was sentenced to two-years probation after he filed false and fraudulent tax returns. 

Sixty-five-year-old Kurt Neldeberg pleaded guilty to making a false and fraudulent tax return. 

Neldeberg admitted from 2009 through 2012, he failed to report a total of approximately $315,512 in income from grain sales which resulted in over $100,000 in unpaid and taxes due and owing for those tax years. 

Neldeberg admitted he deposited proceeds from farm grain sales into personal bank accounts and willfully failed to inform his bookkeeper and his tax preparer he had done so. 

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