Business owner faces charge over sales tax
A local business owner is accused of not reporting more than $5,000 in sales tax revenue to the state.
Patrick J. Benedetto, 53, owner of Foam Improvement in Holiday, was arrested Friday and charged with theft of state funds. His business address is the same as his home address, 3618 Cross Creek Court.
A news release from the Florida Department of Revenue states that the charge is a felony. If Benedetto is convicted, he could face up to five years in prison and up to $5,000 in fines. The department claims Benedetto failed to report all of the sales taxes he collected from 2010 to this year.
Benedetto was released from the Pasco County jail on Saturday on $10,000 bail.