Tag:

Payroll Taxes

New City, NY
News
Former Rockland Owner Of Nursing Homes Charged In $39M Tax Dodge Former Rockland Owner Of Nursing Homes Charged In $39M Tax Dodge
Former Rockland Owner Of Nursing Homes Charged In $39M Tax Dodge An insurance broker from Rockland County who ran a nationwide network of nearly 100 nursing homes from an office over a Bergen County pizzeria ducked nearly $39 million in payroll taxes, a federal indictment unsealed on Monday, Jan. 24 alleges. Joseph Schwartz, age 62, was arrested at his Suffern home  Thursday, Jan. 20.  A federal judge in Newark released him to home confinement hours later, with conditions, pending trial. Then came the announcement on Monday, also out of Newark. Schwartz’s Skyline Healthcare LLC amassed 95 nursing homes in 11 states nationwide in less than two…

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by Jerry DeMarco
Brookfield, CT
News
Nursing Home Operator In Fairfield, New Haven Counties Sentenced For Embezzlement Nursing Home Operator In Fairfield, New Haven Counties Sentenced For Embezzlement
Nursing Home Operator In Fairfield, New Haven Counties Sentenced For Embezzlement A Connecticut nursing home operator has been sentenced to 30 months in prison for embezzlement and tax offenses related to the operation of nursing homes. Chaim Stern, age 72, a resident of Flushing,  Queens, was sentenced on Tuesday, April 20, for the offenses related to nursing homes in Bridgeport and Waterbury, said Leonard C Boyle, Acting U.S. Attorney for the District of Connecticut. According to court documents and statements made in court, Stern was the principal operator of the Bridgeport Health Care Center, Bridgeport Manor, and the Rosegarden Health and Rehabilitation Center …

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by Kathy Reakes
Fair Lawn-Glen Rock, NJ
News
Feds: Wayne Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes At Fair Lawn Firms Feds: Wayne Entrepreneur Gets 366 Days For Ducking $550G In Payroll Taxes At Fair Lawn Firms
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…

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by Jerry DeMarco
Cortlandt, NY
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…

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by Zak Failla
Middletown, NJ
Police & Fire
Feds: Jersey Shore Cleaning Service Owner Admits Paying Workers Off Books To Duck Taxes Feds: Jersey Shore Cleaning Service Owner Admits Paying Workers Off Books To Duck Taxes
Feds: Jersey Shore Cleaning Service Owner Admits Paying Workers Off Books To Duck Taxes The owner-operator of a Tinton Falls-based commercial office cleaning business admitted Tuesday that he ducked federal taxes by paying employees off the books. John Storz, 53, of Eatontown pleaded guilty during a video conference before a federal judge in Trenton to failing to collect, account for and pay payroll taxes, as well as tax evasion, an IRS spokesman said. Storz cashed more than $1.2 million of client checks at a check-cashing business, then used most of the cash to pay employees under the table, federal authorities said. In doing so, he admitted, he failed to pay more than $213,…

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by Jerry DeMarco
Middletown, NJ
Police & Fire
Monmouth County Roofer Admits Ducking $540,000 In Employment Taxes Monmouth County Roofer Admits Ducking $540,000 In Employment Taxes
Monmouth County Roofer Admits Ducking $540,000 In Employment Taxes A Monmouth County roofing company owner admitted stiffing Uncle Sam out of $540,000 in employment taxes. Wilson Salas-Molina, 39, of Howell, cashed checks he received from his customers at a check cashing service and paid his 14 US Contractor Inc. employees in cash over the course of six years, beginning in 2012, U.S. Attorney Craig Carpenito said. U.S. District Judge Peter G. Sheridan scheduled sentencing scheduled for July 13 in federal court in Trenton for Salas-Molina on guilty pleas Wednesday to federal charges of tax evasion and failing to collect, account for or payroll taxes. Carpe…

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by Jerry DeMarco
Cortlandt, NY
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…

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by Zak Failla
Mount Pleasant, NY
News
Area Attorney Admits To Tax Evasion, Failure To Pay Over Payroll Taxes Area Attorney Admits To Tax Evasion, Failure To Pay Over Payroll Taxes
Area Attorney Admits To Tax Evasion, Failure To Pay Over Payroll Taxes An area attorney has admitted to tax evasion and failure to pay over payroll taxes. Francis O’Reilly, a Carmel attorney who lives in Danbury, pleaded guilty in White Plains federal court to one count of failing to pay over payroll taxes and one count of tax evasion for the calendar year 2015, U.S. Attorney Geoffrey Berman announced. Berman 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 Practice. In 2015, O’Reilly admitted to withholding payroll taxes from the salaries of…

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by Zak Failla
New Rochelle, NY
News
College Of New Rochelle Controller Sentenced, Must Repay Millions For Fraud College Of New Rochelle Controller Sentenced, Must Repay Millions For Fraud
College Of New Rochelle Controller 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…

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by Zak Failla
New Rochelle, NY
Schools
Iona College Issues Lifeline To Students Following CNR Closing Announcement Iona College Issues Lifeline To Students Following CNR Closing Announcement
Iona College Issues Lifeline To Students Following CNR Closing Announcement Iona College is offering a lifeline to some students at the College of New Rochelle following last week’s announcement that the institution is likely to close at the end of the summer semester as they contend with a financial crisis. In 2016, the college’s Board of Trustees was alerted about “significant unmet financial obligations that had accrued over a period of time.” The Board subsequently launched an investigation and enlisted the help of officials to restructure and manage CNR’s finances. A forensic accountant and outside legal counsel were also hired to perform the investigation. On…

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by Zak Failla
Harrison, NY
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…

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by Sam Barron
Armonk, NY
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…

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by Sam Barron