Taxing Times

vol.XXXVII
Taxing Times
1/2015
CONN. MAN SENTENCED TO 18
MONTHS FOR TAX EVASION
Call Today for a
Free Consultation
According to court records, Robert Joseph
Parker 52, of Fairfield, Conn., earned income by providing information technology
services to various businesses. Between
1996 and 2012, Parker did not pay any
federal income tax on approximately $2
million of income he received in his own
name, and in the name of his alter ego en-
tity known as Success Zone, LLC.
As part of his sentence, Parker was ordered
to pay $1.87 million, interest and penalties
for himself personally for tax years 1996
through 2012, and for Success Zone for tax
years 2003 through 2012.
Our services that we
Wage or Bank Levy
can provide you with:
Payroll Tax Representation
IRS Audit Letter
Innocent Spouse Relief
Offer in Compromise
Unfiled Tax Returns
Installment Agreement
Penalty Abatement
Currently Not Collectable
Statute of Limitations
Franskoviak & Company, PC
Taxing Times
Read about taxpayers with IRS Problems and learn helpful tips on how to end them.
vol.XXXVII
January 2015
Member of:
F r a n s k ov i a k & C o m pa n y, P C
Mike Franskoviak
President, CPA
Toll Free: 1-855-TaxFixx
P: (248) 524-5240
F: (248) 524-5246
E: [email protected]
667 E. Big Beaver Rd. Ste 107
Troy, Michigan 48083
www.FranskoviakCPA.com
In this issue:
Creed Lead Singer Says
IRS Froze His Bank
Accounts.....................PG 1
CREED LEAD SINGER
SAYS IRS FROZE HIS
BANK ACCOUNTS
In a video posted online, Scott Strapp says he’s
living in a Holiday Inn now.
Scott Strapp, the lead singer of the rock
band Creed, posted a black-and-white
video to the Internet in which he alleged
the IRS had audited him and his company and had frozen his bank accounts.
“About eight a weeks ago, I began an
audit not only of my record company
but of my personal finances,” he says.
“During the course of that audit, a lot
of things were uncovered. ... All of a
sudden, the IRS has frozen my bank accounts.”
Creed enjoyed tremendous success in
the 1990s and early 2000s, with three
multi-platinum studio albums. But it
seems times have become tough for
Creed’s frontman.
“Right now I’m living in a Holiday
Inn,” Strapp says in the video.
Franskoviak & Company, P.C.
IRS and State Tax Resolution Experts
667 E. Big Beaver Rd. Ste 107
Troy, Michigan 48083
Nightclub Owner Gets 46
Months in Tax Case.......PG 1
Franskoviak & Company, PC
Taxing Times
Read about taxpayers with IRS Problems and learn helpful tips on how to end them.
VOL.XXxVII
January 2015
Constantly thinking about how much money you owe the IRS? Every day, I work with clients to solve tax problems they believe are
unsolvable. I’m a member of the American Society of Tax Problem Solvers, and I am part of the rescue squad for troubled taxpayers.
If you’re ready to be rescued, call me today to schedule a free consultation.
- Mike Franskoviak 1-855-TaxFixx
Builder Sentenced in Tax
Case................................PG 2
N.J. Landscaper Tried to Hide
$2 Million....................PG 2
Colo. Man Hid $1.37m From
IRS.............................PG 3
Conn. Man Sentenced to 18
Months for Tax Evasion..PG 4
NIGHTCLUB OWNER GETS
46 MONTHS IN TAX CASE
An Idaho nightclub owner was sentenced
to 46 months in prison for conspiracy to
attempt to evade and defeat tax.
Ponchos, Salon El Sureno, Fuego II,
Blue Eye Club, Pachanga Nightclub,
Club Fuego and La Copa.
[continued on next page]
According to court records, Herminio
Harro Sandoval, 60, of Caldwell, Idaho,
owned and operated various nightclubs
in Canyon County, including El Tio
F r a n s k ov i a k & C o m pa n y, P C
PAGE 1
vol.XXXVII
1/2015
Sandoval admitted that beginning in
1998 and continuing to 2012, he conspired to fail to report $750,000 in income. Sandoval derived much of his
unreported income from illegal outdoor
marijuana grows on public lands, methamphetamine and cocaine trafficking,
prostitution, and an illegal check-cashing business.
Taxing Times
vol.XXXVII
ARE YOUR TAX PROBLEMS
KEEPING YOU AWAKE AT NIGHT?
Let’s put them to rest.
For a free consultation, call 1-855-TaxFixx
BUILDER
N.J. LANDSCAPER TRIED
SENTENCED
TO HIDE $2 MILLION
IN TAX CASE
A former Illinois homebuilder was sentenced to two and a half years in federal
prison for failing to pay more than $1.27
million in federal income taxes and concealing certain business interests in his
personal bankruptcy case.
The owner of a landscaping business used
check-cashing joints to hide income from the IRS.
The owner of a New Jersey landscaping
business pleaded guilty to tax evasion
and admitted to trying to hide more than
$2 million in business income.
According to court records, Daniel Weiss,
64, of South Elgin, Ill., owned Custom
Homes by D. R. Weiss, Inc., and Reliable
Home Solutions, Inc., both formerly located in St. Charles, Ill. Weiss filed false individual federal income tax returns for 2005
through 2009, and he failed to file corporate tax returns for both of his companies.
According to court records, Nicholas
Lepore, 39, a resident of Deptford, N.J.,
owned and operated Down to Earth
Landscaping and Irrigation, Inc., located
in Sewell, N.J.
Although he filed corporate tax returns
on behalf of Custom for 1999 through
2004, he filed none starting in 2005. Reliable was formed in 2006 and dissolved
in 2008. Between 2005 and 2009, Weiss
paid personal expenses from Custom’s
business bank account, accepted cash
payments from Custom and Reliable customers that he failed to report, resulting
in a total federal tax loss of $1,271,280.
Lepore admitted that he routinely cashed
customer checks at local check-cashing
businesses to disguise the amount of income received by Down to Earth.
Lepore admitted in his guilty plea that
he tried to evade taxes for the years 2007
to 2010.
In 2007, for example, he cashed
$746,415 through a check-cashing business. This practice continued through
2010.
“The term voluntary compliance means
that each of us is responsible for filing a
tax return when required and for paying
the correct amount of tax,” Jonathan D.
Larsen, Acting Special Agent in Charge,
IRS-Criminal Investigation, Newark
Field Office, said in a statement.
“Individuals who corruptly violate the
law to further their business interests
and intentionally evade paying their fair
share of taxes undermine public confidence in our tax system and unfairly
disadvantage businesses that play by the
rules.”
At his upcoming sentencing hearing,
Lepore faces up to five years in prison
and a fine of up to $250,000, or twice
the amount of tax loss.
F r a n s k ov i a k & C o m pa n y, P C
1/2015
Taxing Times
About the
Offer in
Compromise
Did you know it’s possible to settle your
debt with the Internal Revenue Service
for less than the IRS says you owe?
If you owe a substantial amount in back taxes to the government, you may
be eligible to participate in the Offer in Compromise program. This program
allows you to make an offer to the IRS that could settle your tax debt for
significantly less than you owe.
Call to learn more about this program.
1-855-TaxFixx
About the
installment
agreEment
Are you earning a good living but just
unable to pay your back taxes?
The Installment Agreement
may be the option.
The Installment Agreement allows taxpayers to pay their tax debt over time
by making manageable payments. The Installment Agreement can put you
back in control of your financial future.
COLO. MAN
HID $1.37m
from irs
If convicted, he faces up to
five years in prison.
A Colorado businessman was indicted
by a federal grand jury on charges of
trying to evade payment on more than
$1 million in income.
According to court records, Michael
E. Ho, 68, of Grand Junction, Colo., is
the owner of Five-O Enterprises, which
had and received taxable income from
2006 through 2011 of $1.37 million, on
which $235,450 was due in tax to the
federal government.
Ho evaded income tax due between
2006 and 2010 by attempting to conceal his ownership in, and income from,
a dental practice known as Skyline
Dental in Grand Junction, Colorado.
Ho operated as a DBA of Five-O. Ho
owned the building in which Skyline
Dental was located, and a “consulting”
contract with the on-site dentist gave
Ho control over almost every aspect of
the practice.
If convicted, Ho, who intentionally
failed to disclose accurate information to his accountant, faces up to five
years in federal prison and a fine of up
to $250,000 for each of the six counts.
F r a n s k ov i a k & C o m pa n y, P C
Call to learn more about this program.
1-855-TaxFixx
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