Home Tags IRS
“The debtor has been experiencing financial troubles,” Francis’ adversary proceeding states. “Over the course of the past 11 years the debtor has used his best efforts to repay his tax obligations to the IRS.”
“I don’t know anything about it,” William Grogg responded in a brief telephone interview. “I haven’t gotten a copy of it. I haven’t been notified. I haven’t heard from the IRS for years. … I assumed it had all been taken care of.”
Opportunity Zones are designed to spur economic development and job creation in distressed communities.
U.S. Attorney Geoffrey S. Berman sued Joseph Cervone and Peopleworks Inc. on June 10 in federal court to permanently ban them from the tax-return preparation business.
The IRS has made numerous attempts to collect the debts, the complaint states, by direct contact and correspondence, “all of which have been unsuccessful.”
Thomas J. Connerton began enticing investors in 2009 to finance his operation, including women he met through an online dating site.
Owner Ryan S. Rozycki failed to report more than $1.1 million in taxable income over a five-year period.
The Internal Revenue Service says cryptocurrencies should be treated as property for tax purposes.
To date, the Westport-based foundation has provided grants to more than 7,600 charitable organizations, averaging about $30 million in grants per year.
Joseph Cervone, 64, had pleaded guilty to using $23.5 million in bogus tax credits for clients and to concealing $500,000 of personal income.
The bankruptcy petition lists more than 2,000 creditors, mostly newspapers, ranging from the Aberdeen American News to the Zapata Times.
12Page 1 of 2