Hunter Biden, 52, will plead guilty to the misdemeanor tax offenses as part of an agreement made public Tuesday.
The president’s son agreed to plead guilty to two misdemeanor counts of willful failure to pay federal income tax.
Records show he owed at least $100,000 in federal taxes for 2017, and at least $100,000 in 2018, but did not pay what was due to the Internal Revenue Service by the deadlines.
His carefully crafted agreement also allows him to enter into a pretrial diversion agreement regarding a separate charge of possession of a firearm by a person who is an unlawful user of or addicted to a controlled substance, as long as he adheres to conditions set by prosecutors.
If convicted, Hunter Biden faces a maximum penalty of 12 months in prison on each of the tax charges which is about two years.
There is a maximum penalty of 10 years in prison on the firearm charge however he agreed to a pretrial diversion program.
Legal experts believe it is unlikely Hunter Biden’s deal with President Joe Biden’s Justice Department will include any jail time, NBC News reported.
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