New York CPA Gets Two-Year Prison Sentence

Posted by Terri Eyden on Jun 22 2012 3505 printer friendly

Silford Warren, a resident of Queens, New York, was sentenced June 12 to two years in prison for failure to pay over employment taxes in connection with his ownership of Silford Warren, CPA PC., the Justice Department and the IRS announced. Judge William F. Kuntz II of the U.S. District Court for the Eastern District of New York also ordered Warren to pay $184,263 in restitution to the IRS.

Warren, a CPA, pleaded guilty on December 9, 2011, to a one-count information charging him with willful failure to pay over employment taxes on behalf of his accounting business.

There's more on AWEB!

Do you have colleagues or clients who might like to receive the free AccountingWEB newsletter?

• Practice
• Education
• Tax

• A&A
• Technology
• Wealth Management

According to the criminal information and court filings, from 2006 through 2008, Warren underreported his employees' salaries on tax filings with the IRS. The restitution amount ordered by the court included the employment taxes that he failed to pay over from his employees and his obligation, as an employer, to pay over a matching portion of those employment taxes, as well as the tax loss resulting from his filing false corporate income tax returns for 2005 through 2008.

Related article:

NH and MA Residents Convicted for Promoting/Using Tax Defier Schemes

Source: US Department of Justice

Tags

Bad Guys

Watchdog

IRS

Criminal Division Justice Department

Payroll tax

State

New York

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?