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Monday, nov 18
Tag:
Dennis Saccurato
News
Feds: Wayne Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes At Fair Lawn Firms
A Wayne entrepreneur who owned and operated several businesses in and around Fair Lawn was sentenced to a year and a day in federal prison Wednesday for ducking nearly $550,000 in payroll taxes. Dennis Saccurato, 68, must serve out the entire term because there’s no parole in the federal prison system. U.S. District Court Judge Susan D. Wigenton in Trenton also sentenced him to three years of supervised release. All told, Saccurato failed to pay over approximately $549,715.29 in employment taxes for cleaning product businesses in Fair Lawn – among them, Sparta Chem Inc., Horizon Products L…
News
Entrepreneur From Wayne Admits Ducking $550,000 In Employment Taxes At Fair Lawn Businesses
A Wayne entrepreneur who authorities said owned and operated several businesses in and around Fair Lawn admitted in federal court that he ducked nearly $550,000 in employment taxes. Dennis Saccurato, 68, told a judge during a teleconferenced plea hearing in Trenton that he failed to withhold, report and pay over employment taxes to the IRS from 2014 through 2016, federal authorities said. Saccurato also admitted that he was required to file IRS Form 941 on a quarterly basis but failed to do so, IRS-Criminal Investigation Special Agent Robert Glantz said. All told, Saccurato failed to pay o…