Tag:

Employment Taxes

South Philly Cheesesteak Proprietors Get Prison Time For Tax Scheme, Feds Say South Philly Cheesesteak Proprietors Get Prison Time For Tax Scheme, Feds Say
NJ Owners Of Philly's Tony Luke's Cheesesteaks Go To Fed Pen A father-son pair of cheesesteak shop owners were sentenced to prison last week for hiding $8 million in revenue from tax collectors, say federal prosecutors.  Nicholas Lucidonio, 57, and Anthony Lucidonio Sr., 84, the proprietors of Tony Luke's in South Philadelphia, will each spend 20 months behind bars, said the Justice Department in a release.  The Lucidonios, of New Jersey, carried out a "decade-long conspiracy to defraud the IRS" from 2006 to 2016, prosecutors said. The pair only deposited a portion of their earnings into the business's bank accounts and gave "inco…