Temp Agency Owner In Line for Job in the Slammer

The owner of a temporary employment agency, Louis DeMaio, pleaded guilty to tax evasion and obstruction offenses for schemes dating back to 2010.

DeMaio’s company, Almatt, provided day laborers to construction companies and paid the laborers directly. Payroll deductions were taken from the employees checks but the withholdings were never paid over to the IRS. From 2010 to 2018 DeMaio never filed income tax returns or quarterly 941 forms for the business.

During that time DeMaio issued checks for more than 2.5 million dollars to himself and to family members who did not work at his business,  and he failed to report any of the money as income.

The tax loss to the IRS as a result of DeMaio’s conduct is $1,132,398. He has agreed to pay full restitution, as well as interest and penalties.

DeMaio faces up to eight years in prison.

Federal Agent Cleans Up Stealing Cash Found in Laundry Detergent Boxes

Tyrone Cedric Duren, a former Homeland Security agent specializing in the investigation of bulk cash smuggling, was sentenced to 130 months in prison for money laundering, making false statements and tax evasion.

 

While working as a federal agent Duren stole money from people smuggling drug proceeds to Mexico and deposited the cash into his personal and business bank accounts. In several instances Duren placed GPS trackers on vehicles used to transport proceeds from drug sales and then took a portion of the drug money after it was seized. He spent the stolen money on real estate and international travel.

 

One example used in court was an incident in 2014 when Duren was tracking a car he suspected was loaded with cash. The car was stopped at a border patrol checkpoint where they found the cash concealed in laundry detergent boxes. Duren took custody of the seized cash but before putting it into evidence he took more than $100,000 for himself.

 

Duren failed to file taxes for several years, and when he did, he did not claim any of the stolen cash as income. In addition to the jail term the court ordered the forfeiture of Duren’s primary residence, a judgment of $275,000 and restitution to the IRS.

He Needed More Bread Now He’s Toast

Peter Jamgochian, the co-owner of a commercial cleaning company in New Jersey, admitted to evading more than $300,000 in tax payments by cashing checks at a check cashing facility, paying employees off the books, and failing to report all his income.

 

In 2013 and 2014 Jamgochian cashed over two million dollars in check payments made by customers and used the cash to pay employees and for his personal expenses. He kept this information from the company’s accountant and knowingly signed false corporate returns.

 

Jamgochian’s actions caused the company to underpay $248,936 in medicare and social security taxes, and he caused the IRS an additional tax loss of $76,201 by understating his personal income. He faces a maximum prison sentence of three years and $250,000 in fines.

They Built a Mini Empire that The IRS Toppled Like a Ton of Bricks

An IRS criminal investigation in New York uncovered a bribery scheme involving more than five million dollars paid to four construction executives between 2011 and 2017 – and not a one legitimate tax return among them.

 

Two of the defendants worked for Bloomberg, a global financial firm involved in construction projects, while the other two were executives for a contractor that did work for Bloomberg. The four received kickbacks in exchange for lucrative contracts and failed to report any of the income on their tax returns.

 

One defendant, Michael Campana, was sentenced to 24 months in prison for evading taxes on more than $420,000 he received in bribes in the form of cash and direct payments for personal items, including charges incurred for his wedding – $40,000 paid to a catering hall, $13,000 to a photographer and $23,000 to a travel agent for his honeymoon. He has been ordered to pay $155,000 in restitution.

 

Anthony Guzzone took more than 1.4 million dollars in bribes. He received cash, construction labor and materials for work on his personal home, and Super Bowl tickets worth almost $8000. Vito Nigro and Ronald Olson have been charged with taking bribes and evading taxes on more than 1.8 and 1.5 million dollars, respectively. Sentencing for the three men is scheduled for later this year.

Maximum Refund Guarantee Gets Tax Preparer Jail Time Guaranteed

Elizabeth Muñoz, a tax preparer from Portland Oregon, has been charged with preparing and filing more than 1,000 false federal tax returns requesting over three million dollars in fraudulent refunds.

From 2015 to 2018 Muñoz ran a tax preparation business that promised her clients the, “biggest refund guaranteed.” She prepared 1,196 false tax returns for 629 clients and claimed tax credits her clients were not eligible for.

If convicted, Muñoz faces a maximum sentence of three years in prison, three years of supervised release and 6.2 million dollars in fines.

Facing 66 Years – Say “Cheese” For Your Mug Shot

The owners of the Tony Luke’s cheesesteak franchise headquartered in Philadelphia have been charged with conspiracy to defraud the IRS, tax evasion and aiding and assisting in filing false tax returns.

The indictment claims that from 2006 to 2016 Anthony Lucidonio Sr., 82 and his son Nicholas, 52, hid more than eight million dollars in receipts from the IRS. The pair deposited only a portion of their income into business bank accounts and filed false business and personal tax returns that substantially understated their income. The Lucidonios allegedly gave their accountant a second set of numbers to prepare their corporate and personal tax returns.

Failing to report the eight million dollars is only the beginning. The Lucidonios also committed employment tax fraud by paying their employees a portion of their salaries “on the books” and a portion “off the books” in cash. In 2014 and 2015 the pair allegedly filed false quarterly employment tax returns that significantly understated wages paid and taxes due. In another scheme they paid employees with checks that they then asked them to sign over to the company, in exchange for envelopes filled with cash.

The father and son face a maximum sentence of 66 years in prison, a period of supervised release, restitution and penalties.

Your IRS Questions Answered Here…

Question: I own a small business and we had to shut down due to the Pandemic and in order to keep afloat, I did not send the IRS my employee’s withholding (941) taxes for a few quarters.  How much trouble am I in?

Answer: Owing 941 payroll taxes is very different from owing personal income taxes.  Not only can the IRS padlock the doors to your business, they can come after you personally, levy your bank accounts, confiscate your receivables and seize your property.  Scarier still is that it could turn into a criminal matter.  Why? Because the money has already been deducted from your employee’s payroll checks; so it’s not your money to begin with! The IRS will look at it as if you stole their money.  Payroll tax delinquency is the IRS’s number one enforcement priority.

You need to get help from an experienced professional who deals with the IRS every day.  The IRS and SBA have implemented special programs for business owners who have fallen behind on their payroll tax obligations. We can assess your situation and figure out the best way to protect you and will take over all dealings with the IRS so you don’t have to.  Don’t let them take everything you’ve worked so hard for; call us today!

 


At McCauley Law Offices, P.C., our lawyers will find a solution to your tax problems, no matter how complex your IRS issue is. View our services and contact us (or call 610-388-4474) to schedule a free consultation with one of our tax attorneys. View and purchase Gregory McCauley’s published work “TAXJAMS: Simple Solutions” on Amazon. From our office in Chester County, Pennsylvania, we find tax solutions for clients throughout the country.

IRS Unmasks Anonymous Tax Filer

Kristi Finney pleaded guilty to tax fraud for filing false tax returns.  From 2013 to 2018 Finney offered tax services from her home and charged a rate of $200 per return. She falsified employment, income and expense information on the returns. She also claimed large financial losses for businesses that did not exist, which resulted in larger tax refunds for her clients.

Finney would then divert portions of the refunds to herself by placing the refunds on prepaid debit cards.  Finney hid her involvement  by claiming the returns were prepared by her clients, but the IRS linked 147 suspicious tax returns to her and was able to identify her as the filer through Internet protocol addresses, email addresses associated with the electronic returns and through witness interviews.

She has been ordered to pay restitution of $359,733 to the IRS and sentenced to 33 months in federal prison.

 


At McCauley Law Offices, P.C., our lawyers will find a solution to your tax problems, no matter how complex your IRS issue is. View our services and contact us (or call 610-388-4474) to schedule a free consultation with one of our tax attorneys. View and purchase Gregory McCauley’s published work “TAXJAMS: Simple Solutions” on Amazon. From our office in Chester County, Pennsylvania, we find tax solutions for clients throughout the country.

 

All Tuckered Out From Defrauding 7 Million People Out of 8 Million Dollars

Joel Tucker, from Kansas City, Missouri, ran into trouble with the IRS after he was caught selling false debt portfolios.

 

In 2009 Tucker founded eData Solutions, which collected loan application information, known as leads, that he sold to approximately 70 payday lender clients.  In 2012 Tucker sold the company to the Wyandotte Indian tribe but kept a file of 7.8 million leads he had acquired.  These leads included detailed customer information including: names, addresses, bank accounts, social security numbers and dates of birth.  Tucker used this information to create false debt portfolios he then sold to third party debt collectors.

Tucker sold debts he didn’t own, were not true debts, had already been sold to other buyers and contained false lenders, loan dates, loan amounts and payment status.  Tucker did not file tax returns from 2014 to 2016, claiming he had no income and was living on borrowed money from his mother.  In reality he used nominee bank accounts to conceal millions of dollars in income and assets and spent hundreds of thousands of dollars on cars, chartered jets, travel, entertainment, and a personal home.

Under his plea agreement Tucker must pay $8,057,079 in restitution to the IRS and faces up to 20 years in federal prison without parole.

 


At McCauley Law Offices, P.C., our lawyers will find a solution to your tax problems, no matter how complex your IRS issue is. View our services and contact us (or call 610-388-4474) to schedule a free consultation with one of our tax attorneys. View and purchase Gregory McCauley’s published work “TAXJAMS: Simple Solutions” on Amazon. From our office in Chester County, Pennsylvania, we find tax solutions for clients throughout the country.

 

 

Pretend Millionaire Gets Real Refund and Real Jail Time

 

Mark Goolsby pleaded guilty in Florida to filing a false tax return.  For the 2014 tax year Goolsby falsely claimed that he had earned over a million dollars in 1099-MISC income and had paid more than $800,000 in federal withholding taxes.  The IRS processed the return and issued Goolsby a refund check for over $400,000.

Not long after sending the check the IRS realized their mistake and began collection proceedings to get the money back. Goolsby refused to return the money and took great lengths to hide the funds from the IRS. He opened multiple bank accounts, purchased a car in someone else’s name, withdrew large amounts of cash and continued to live a lavish lifestyle.  Goolsby was sentenced to 24 months in prison and ordered to pay $420,288 in restitution to the IRS.

 

 


At McCauley Law Offices, P.C., our lawyers will find a solution to your tax problems, no matter how complex your IRS issue is. View our services and contact us (or call 610-388-4474) to schedule a free consultation with one of our tax attorneys. View and purchase Gregory McCauley’s published work “TAXJAMS: Simple Solutions” on Amazon. From our office in Chester County, Pennsylvania, we find tax solutions for clients throughout the country.