Light Drizzle Fog/Mist 45°
Tag:

Payroll Taxes

News
Area Attorney Sentenced For Evading $566K In Taxes Area Attorney Sentenced For Evading $566K In Taxes
Area Attorney Sentenced For Evading $566K In Taxes A Hudson Valley attorney living in Fairfield County will spend time behind bars after admitting to tax evasion and failing to pay over payroll taxes during a long-running scheme. Danbury resident Francis O’Reilly, an attorney in Putnam County, in Carmel, was sentenced this week to 18 months in prison for an elaborate scheme that cost the U.S. Treasury more than $800,000 following his guilty plea last year. Prosecutors said that O’Reilly has been permitted to practice law in New York since 1989, and has been a self-employed attorney who worked out of Putnam County at the O’Reilly Law Practic…

SHARE

by Zak Failla
News
Area Business Owner Failed To Pay Taxes For Years, Lied To IRS, Feds Say Area Business Owner Failed To Pay Taxes For Years, Lied To IRS, Feds Say
Area Business Owner Failed To Pay Taxes For Years, Lied To IRS, Feds Say A Hudson Valley business owner is facing charges for allegedly “knowingly and willfully failing to pay over payroll taxes for his company and for corruptly endeavoring to obstruct and impede the due administration of the internal revenue laws,” the U.S. Attorney’s Office announced. U.S. Attorney Geoffrey Berman said Dutchess County resident William Grogg, of Millbrook, has worked in the printing and publishing industry in and around Poughkeepsie since the 1980s, owning and managing the financial affairs of multiple companies.  During his three decades working in the industry, it i…

SHARE

by Zak Failla
News
College Controller From Area Sentenced, Must Repay Millions For Fraud College Controller From Area Sentenced, Must Repay Millions For Fraud
College Controller From Area Sentenced, Must Repay Millions For Fraud The former controller at the College of New Rochelle will spend time behind bars and repay millions after admitting to doctoring the school’s books by nearly $34 million dollars, forcing the 115-year-old institution to close its doors. Keith Borge, 62, of Valley Cottage, has been sentenced to three years in prison, $25,000 in fines and will pay restitution that reaches as much as $13.2 million after pleading guilty securities fraud and failure to pay $20.4 million in payroll taxes. As part of the plea, Borge, a resident of Valley Cottage in Rockland County, admitted to filing fina…

SHARE

by Zak Failla
Politics
Gov. Cuomo Unveils State Budget Gov. Cuomo Unveils State Budget
Gov. Cuomo Unveils State Budget New York Gov. Andrew Cuomo unveiled his $168 billion 2018-2019 budget to lawmakers on Tuesday. Cuomo's budget includes a three-percent increase in funding for schools and a one-percent increase in funding for higher education. The budget also increases funding for capital projects by 14 percent and health care by three-percent. The budget also reduces spending on transportation, community colleges, mental hygiene and state agencies. State aid to municipalities and counties will be frozen.  The governor said his office is still working on a plan to combat the new federal tax reform bill tha…

SHARE

by Sam Barron
Politics
Gov. Cuomo Touts Progressive Agenda At State Of State Address Gov. Cuomo Touts Progressive Agenda At State Of State Address
Gov. Cuomo Touts Progressive Agenda At State Of State Address New York Gov. Andrew Cuomo said New York was once again the nation's vanguard for social justice at his annual State of the State address Tuesday. The governor's address included proposed criminal justice reform and initiatives to combat the new federal tax reform bill that Cuomo called a federal assault on the state. "The state has made unprecedented progress," Cuomo, who is running for a third term this year, said. "The economy is stronger than ever. Crime is down statewide. We have more high school graduates. We have conserved more land than ever before. We have made histo…

SHARE

by Sam Barron