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Denver Bridal Shop Owner Pleads Guilty to $1M Tax Evasion
Donna M. Savoy faces up to 5 years in prison for withholding employee taxes and failing to pay the IRS.
Published on Feb. 26, 2026
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The owner of a Denver bridal studio, Donna M. Savoy, has pleaded guilty to withholding Social Security, Medicare, and federal income taxes from her employees' wages but failing to pay that money to the IRS from 2014 to 2024. Savoy also did not file her own individual tax returns during that time period, resulting in a total tax loss of over $1.3 million.
Why it matters
This case highlights the serious consequences business owners can face for tax evasion and failure to properly remit employee withholdings to the government. It also underscores the IRS's efforts to crack down on tax fraud, especially among small businesses.
The details
According to the IRS Denver Field Office, Donna M. Savoy, the owner of Donna Beth Creations bridal salon, withheld Social Security, Medicare, and federal income taxes from her employees' wages but did not pay that money to the IRS from 2014 to 2024. Savoy also failed to file quarterly employment tax returns and her own individual tax returns during that time period.
- From 2014 to 2024, Savoy withheld employee taxes but did not pay them to the IRS.
- Savoy failed to file her individual tax returns from 2014 through 2023.
The players
Donna M. Savoy
The owner of Donna Beth Creations, a bridal salon in Denver that has operated for more than 30 years.
IRS Denver Field Office
The local IRS office that investigated Savoy's tax evasion case.
What’s next
Savoy is scheduled for sentencing on June 15 and faces a maximum penalty of five years in prison.
The takeaway
This case underscores the IRS's efforts to crack down on tax fraud, especially among small businesses, and the importance for business owners to properly handle employee withholdings and file tax returns on time.
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