Michael Jackson’s Former Manager Lax on Tax

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(Dow Jones) — Raymone Bain, a public-relations specialist and former general manager of the late pop star Michael Jackson, pleaded guilty to charges she failed to file federal and District of Columbia income-tax returns.  Bain pleaded guilty to two counts of failure to file federal income-tax returns and Washington income-tax returns in federal court in Washington, D.C. The federal violation carries a maximum penalty of 12 months in prison and a $100,000 fine while the Washington violation carries a maximum of six months in prison and a $5,000 fine.  She is scheduled to be sentenced in August, according to the Department of Justice.

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