The owner of a former State College-based medical billing company pleaded guilty on Tuesday to a charge that he failed to pay payroll taxes to the Internal Revenue Service over a four-year period.
According to documents filed in federal district court, Scott Lykens, owner of Keystone Medical Management Solutions Inc., withheld federal income, Medicare and Social Security taxes from his employees’ paychecks but did not deposit the payroll taxes to the IRS between 2015 and 2019.
Lykens also made no payments for the employer’s share of Medicare and Social Security taxes during the same time, Assistant U.S. Attorney Geoffrey MacArthur wrote.
According to the plea agreement, Lykens will pay $1,044,796 in restitution.
Lykens is still to be sentenced by a U.S. district judge. The maximum sentence for the charge of failure to pay over taxes is five years and a $250,000.
