David Allan Coe, 76, of Cincinnati, pleaded guilty to one count of impeding and obstructing the due administration of the internal revenue laws. Authorities said Coe faces a maximum of three years in prison and a fine of up to $250,000.  Carter M. Stewart, U.S. attorney for the Southern District of Ohio; Kathy A. Enstrom, special agent in charge, Internal Revenue Service Criminal Investigation Cincinnati Field Office; announced the guilty plea Monday.
Officials said Coe performed at least 100 concerts yearly throughout the United States in which he earned income from 2008 through 2013.
Authorities said during this same time period, Coe either failed to file his individual income tax returns with the IRS or, when Coe did file his individual income tax returns with the IRS, he failed to pay the taxes due and owing.   Investigators said as part of his entertainer contract, when a concert was booked, Coe required that the total concert fee be deposited upfront. The deposit was either paid by wire or by check. Authorities said in May 2009, Coe stopped receiving these payments by wire into his personal bank account after receiving correspondence from the IRS as to his current outstanding tax liabilities.
Officials said that action prevented the IRS from levying his bank account to pay his income taxes. The remaining balance of the concert fee was to be paid in cash only, by 3 p.m. on the day of the concert, with no $50 bills allowed, as Coe believed they were bad luck and would not gamble with them.
“All taxpayers, regardless of their profession, must comply with their federal tax obligations,” said Enstrom. “As is evident from Mr. Coe’s guilty plea.”