July 29, 2022 A New York man pleaded guilty yesterday to tax evasion. According to court documents and statements made in court, from 2009 to 2014 David Seruya was an original owner and shareholder of a New Jersey-based home warranty business. In 2014, Seruya entered...
Michael Hogberg, EA
Restaurant Owner Admits $2 Million Tax Fraud Scheme
July 29, 2022 Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and Joleen D. Simpson, Special Agent in Charge of IRS Criminal Investigation in New England, announced that, William Chen, of West Hartford waived his right to be indicted and...
Peoria Man Sentenced to 12 Months in Prison for PPP Fraud
July 29, 2022 A Peoria, Illinois man, Samuel M. Powell II, of the 1000 block of West Butler Street, has been sentenced to 12 months in prison for theft of government money. Powell admitted to stealing government money through the federal Paycheck Protection...
Attorney Sentenced to 24 Months in Federal Prison for Tax Fraud Offenses
July 28, 2022 Vanessa Roberts Avery, United States Attorney for the District of Connecticut, announced that Deron D. Freeman, of Glastonbury, was sentenced today by U.S. District Judge Victor A. Bolden in Bridgeport to 24 months of imprisonment, followed by one year...
West Virginia: Gov. Justice Cheers House Passage of 10% Permanent Personal Income Tax Cut
July 28, 2022 Gov. Jim Justice issued the following statement today after the West Virginia House of Delegates voted bipartisanly to pass his proposal to permanently reduce the state’s personal income tax by an aggregate of 10%: “I thank Speaker Roger Hanshaw, Finance...
South Carolina: Operating an Agribusiness? Check Out These Tax Tips
July 28, 2022 More than 240,000 employees work in South Carolina's agribusiness industry, which has an annual impact of more than $46 billion, according to the state's Department of Agriculture. Those businesses include at least 25,000 farms as well as food...
New Mexico: First Gross Receipts Tax cut in 40 years now in effect
July 28, 2022 New Mexico businesses are reminded that the statewide Gross Receipts Tax rate dropped from 5.125% to 5% on July 1, 2022. As a result, most rates that businesses must collect and remit have changed, as well. Governor Lujan Grisham brought Republicans and...
Mississippi: Pass Through Entity Election Notice
July 28, 2022 House Bill 1691 of the 2022 Legislative Session was signed into law on April 14, 2022. This bill established an act to allow any partnership, S corporation or similar pass-through entity to elect to be taxed as an “electing passthrough entity” for state...
Husband and Wife Sentenced to Federal Prison for Their Involvement in Tax Fraud Conspiracy
July 26, 2022 U.S. District Judge Kathryn Kimball Mizelle has sentenced Christel Joseph to 30 months in federal prison for preparing false and fraudulent tax returns. Joseph had pleaded guilty on February 16, 2022. According to court documents, Christel Joseph and her...
Understanding a Federal Tax Lien
July 26, 2022 A federal tax lien is the government’s legal claim against a taxpayer's property when they neglect or fail to pay a tax debt. The lien protects the government’s interest in all their property, including real estate,...