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Stuart M. Goldberg

Police & Fire
Crane Operator Who Made $1.5M At Port Newark Convicted Of Tax Fraud: Feds Crane Operator Who Made $1.5M At Port Newark Convicted Of Tax Fraud: Feds
Crane Operator Who Made $1.5M At Port Newark Convicted Of Tax Fraud: Feds A crane mechanic at the Port Newark Container Terminal was convicted by a federal jury of trying to cheat the IRS. Over a five-year period beginning in 2014, Jonathan D. Michael of Union County gave his boss a W-4 falsely claiming that he was exempt from having any federal tax withheld, authorities said. The IRS notified Michael in 2016 that he wasn't entitled to exempt status, but he wrote to the company and contended that his bogus W-4 was correct, they said. Michael, of Springfield, also didn't file any personal income tax returns, even though he was paid roughly $1.5 million in salary,…

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by Jerry DeMarco
News
Ex-NJ Business Owner From Brooklyn Admits Ducking Taxes On $4.1M Company Buyout Ex-NJ Business Owner From Brooklyn Admits Ducking Taxes On $4.1M Company Buyout
Ex-NJ Business Owner From Brooklyn Admits Ducking Taxes On $4.1M Company Buyout UPDATE: A former New Jersey business owner admitted short-changing the IRS by $1.1 million after selling his stock to the company. David Seruya, 42, of Brooklyn sold his shares to the Edison-based home-warranty company for more than $4.1 million in a 2014 buyout, federal authorities said. The deal included a lump sum payment and installment payments spread out over 24 months, according to the U.S. Justice Department. On three straight tax returns, from 2014 through 2016, Seruya gave his return preparer “false and incomplete income information,” underreporting the income he received from th…

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by Jerry DeMarco