Jul 01, 2020
Feds: Jersey Shore Cleaning Service Owner Admits Paying Workers Off Books To Duck Taxes
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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 $213,513.46 in employment taxes.
The IRS said Storz also used his business bank account to cover personal expenses, such as mortgage, life insurance, car lease and home utility payments, as well as personal credit card purchases.
Storz deducted these personal expenses as business expenses on the company corporate returns, reducing the amount of ordinary business income he reported on his personal tax return, federal authorities said.
For the tax years 2011 through 2015, they said, Storz failed to report $717,628 of additional income, which resulted in a total tax loss of $182,210.
Storz admitted that for the 2015 calendar year, he failed to include approximately $179,500 of additional taxable income on his personal tax return, which resulted in an additional tax due and owing of approximately $49,499.
“Today’s guilty plea by should send a strong deterrent message to those that would attempt to avoid paying their fair share of taxes,” said Michael Montanez, the special agent in charge of the IRS-Criminal Investigation’s Newark Field Office, which conducted the investigation along with members of U.S. Attorney Craig Carpenito’s office.
“When Mr. Storz made the decision to evade paying taxes for himself and his business, he also made the decision to cheat every honest taxpayer,” Montanez said.
The SAC pledge to “continue to vigorously pursue those individuals who attempt to cheat the system.”
Assistant U.S. Attorney Sarah A. Sulkowski secured the plea.
U.S. District Court Judge Peter G. Sheridan scheduled sentencing for Dec. 7.
News Source: dailyvoice.com
Can YOU name these book titles based on emoji clues? Challenging literary edition of the popular online quiz will put you to the test
Charitable organisation Lincs Libraries, which runs libraries in Lincolnshire, shared the tricky eight-question quiz on Twitter this week.
Dozens of followers commented to say how tricky it was to complete, with only the most avid readers able to score full marks.
The books chosen span a range of genres and time periods so you'll need a comprehensive knowledge of literature to pass.
Think you have what it takes? Scroll down to take the test and then check your answer at the bottom of the story.
- Parents of boy, 11, who was left in tears on The School that... Kate Middleton is more like the Queen than Princess Diana...
1. Down and Out in Paris and London by George Orwell
2. Arabian Nights: A Collection of Middle Eastern Folk Tales
3. Looking for Alaska by John Green
4. Jamaica Inn by Daphne du Maurier
5. Salmon Fishing in the Yemen by Paul Torday
6. Murder in Mesopotamia by Agatha Christie
7. From Russia With Love by Ian Fleming
8. The Boys From Brazil by Ira LevinWant to try another? Try this sports edition of the emoji quiz 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12.
1. Usain Bolt
2. Wayne Rooney
3. Venus Williams
4. Tiger Woods
5. Conor McGregor
6. Andy Murray
7. Tyson Fury
8. Billie Jean King
9. Cristiano Ronaldo
10. Floyd Mayweather
11. Mike Tyson
12. Ian BothamRead more: