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35°
Tuesday, nov 26
Tag:
Payroll Manipulation
News
Greater Boston Area Contractor Sentenced For $1.8M Payroll Tax Scheme
An Ipswich man who ran several Massachusetts businesses was sentenced to a one-year house arrest for manipulating his payroll to avoid paying over $1.8 million in taxes, the US Attorney's Office for Massachusetts reports. George Vasiliades, age 58, increased his business profits by lying about the size of his companies to the Internal Revenue Service (IRS) from 2008 to 2013, the office reports. Some of his businesses included Alpine Property Services, Boston Central Management, Delta Labor Company, Olympic Painting & Roofing and Turnpike General Contracting, the office repor…