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CPA From Passaic County Admits Scheme To Hide $150,000 From IRS
A CPA from Passaic County admitted trying to hide $150,000 from the taxman with a little help from a friend.
His unidentified pal compensated William Kawam, 57, of Hewitt, for his accounting services by giving him a credit card belonging to one of the friend’s businesses, U.S. Attorney Philip R. Sellinger said.
Kawam racked up $146,605 in charges from 2015 through 2017 that neither he nor his friend reported, Sellinger said.
The scheme shortchanged the Internal Revenue Service by $54,400, he said.
Kawam, a former partner at SKC & Co. LLC in Boonton, took a deal from the government rat…