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Federal Income Tax Evasion

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TAX CHEAT: Owner Of NJ Construction, Real Estate Companies Admits Stiffing IRS By $236,000 TAX CHEAT: Owner Of NJ Construction, Real Estate Companies Admits Stiffing IRS By $236,000
TAX Cheat: Owner Of NJ Construction, Real Estate Companies Admits Stiffing IRS By $236,000 The owner of New Jersey construction and real estate companies admitted ducking $239,999 worth of federal income taxes, authorities said. Salvatore Caravella, Jr. of Kinnelon didn't report $692,185 in self-employment income he earned from his businesses on his personal tax returns, a complaint filed by the Internal Revenue Service says. Caravella's companies included 2-C Construction Company Inc., Bella Construction of North Jersey LLC and 203 Harrison Street LLC, according to the complaint filed in U.S. District Court in Newark. Caravella oversaw all aspects of the businesses’ operat…

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by Jerry DeMarco