South Lake Tahoe (Dec 21 2023) – In a shocking turn of events, Robert Hienekamp, the Chief Executive Officer of Endowance Solutions, a prominent software consulting and development company based in South Lake Tahoe, has pleaded guilty to willfully failing to pay employment tax withholdings totaling over $800,000. The announcement was made by U.S. Attorney Ismail J. Ramsey, Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division, and Internal Revenue Service Criminal Investigation (IRS-CI), Oakland Field Office, Acting Special Agent in Charge Mark Silva.
Robert Hienekamp, 58, admitted guilt for his role in withholding income, Social Security, and Medicare taxes from Endowance Solutions employees’ wages in 2016 and 2017. Despite this, he neglected to file the required quarterly employment tax returns or remit the withholdings to the IRS. The failure to comply resulted in a staggering tax loss exceeding $800,000.
Hienekamp is set to be sentenced on June 27, 2024, facing a maximum penalty of five years in prison, supervised release, restitution, and monetary penalties. The sentencing decision will be determined by a federal district court judge, considering the U.S. Sentencing Guidelines and other statutory factors.
About Endowance Solutions:
Endowance Solutions, headquartered in South Lake Tahoe, is a product innovation company specializing in business solutions driven by technology. Know for its Packaged Integration Solutions (PIPs), the company has ventured into disrupting the Industrial Internet of Things (IIoT) space for manufacturers. Their flagship product, OneOffice Duet360™ for IIoT, is boosting business revenue in the aftermarket for parts and service.
Endowance Solutions
1919 Apalachee Dr South Lake Tahoe, CA, 96150
295 Hwy 50 Suite 15, Stateline, NV 89449
Key Principal: ROBERT HIENEKAMP
The company operates not only in the U.S. but also off-shores a development team in Amsterdam.
