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Income Tax

Police & Fire
Morris County Resident Made $54 Million, Didn't File Tax Returns: Feds Morris County Resident Made $54 Million, Didn't File Tax Returns: Feds
Morris County Resident Made $54 Million, Didn't File Tax Returns: Feds John Goggin, a Morris County resident, who previously served as general counsel for Moody's, was sentenced to eight months in prison on Thursday, Oct. 24, after admitting to failing to file an income tax return for several years, authorities said. Goggins, who lives in Chatham, was a former senior vice-president and general counsel for the credit rating service, before retiring in 2023. From 2018 to 2021, Goggins earned $54 million in earned income, yet never failed a federal income tax return, US Attorney Philip Sellinger said.   Goggins was also sentenced to one year of supervis…

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by Sam Barron
Police & Fire
Jersey Shore Pizzeria Owner Gets 15 Months In Fed Pen For Ducking $425,000 In Taxes Jersey Shore Pizzeria Owner Gets 15 Months In Fed Pen For Ducking $425,000 In Taxes
Jersey Shore Pizzeria Owner Gets 15 Months In Fed Pen For Ducking $425,000 In Taxes The owner of a Wildwood Crest pizzeria must serve a plea-bargained 15 months in federal prison for filing false income tax returns, authorities said. Giuseppe D’Arancio, 61, of Cape May Court House must serve the entire term handed down Wednesday in U.S. District Court in Camden because there's no parole in the federal prison system. He also must spend a year of supervised release and pay $507,246 in restitution to the IRS under the sentence imposed by U.S. District Judge Joseph H. Rodriguez. D'Arancio and a co-owner of Sal's Pizza on New Jersey Avenue "kept two sets of acco…

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by Jerry DeMarco