On Feb. 26, South Carolina Department of Revenue (SCDOR) agents arrested Tyrone Cyrus, 50, of Columbia, and charged him with four counts of tax evasion.
Cyrus owns Kiki’s Chicken and Waffles, a chain of Columbia-area restaurants serving soul food, along with his wife. He was responsible for filing the business’s sales tax returns.
According to arrest warrants, Cyrus reported $8,194,333.42 in net taxable sales from 2018-21. However, an investigation showed actual sales for the business were at least $11,195,784 over the period, meaning Cyrus evaded at least $3,001,450 in taxable sales. As a result, he evaded approximately $231,701 in South Carolina sales tax…