Wednesday, January 25, 2017

Landscaper cuts his taxes and gets 18 months in the big yard



According to the feds..."Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that DONALD BIAGI, JR., 55, of Fairfield, was sentenced today by Senior U.S. District Judge Alfred V. Covello in Hartford to 18 months of imprisonment, followed by one year of supervised release, for tax evasion.
According to court documents and statements made in court, BIAGI is the sole owner of Don Biagi Landscaping. BIAGI, through Don Biagi Landscaping, generated business income by providing landscaping and snowplowing services to commercial and residential customers in Fairfield County. BIAGI regularly negotiated client checks at banks for cash rather than depositing the checks into his business bank accounts. Between 2008 and 2010, BIAGI cashed approximately 574 client checks, ranging in amounts from $10.52 to $15,604.50, in the total amount of approximately $848,750.
BIAGI, who acted as his own bookkeeper, did not disclose to his tax return preparer the client checks he cashed and some of the client checks he deposited into his business account between 2008 and 2010. As a result, a total of $1,321,305 in business gross receipts were not reported on BIAGI’s federal tax returns for 2008, 2009, and 2010, resulting in his substantially under-reporting his taxable income. BIAGI failed to report approximately 62 percent of his business’s gross receipts in 2008, approximately 47 percent of the gross receipts in 2009, and approximately 60 percent of the gross receipts in 2010.
Judge Covello ordered BIAGI to pay $445,579 in back taxes, and additional penalties and interest that have accrued on his unpaid taxes. BIAGI made a $50,000 payment toward his restitution today.
On September 29, 2016, BIAGI pleaded guilty to one count of tax evasion. He was ordered to report to prison on April 1, 2017."
It is a shame because he did honest, hard work. However, he should have honestly paid his taxes. Also, homeowners are going to have find other landscapers or their gardens are going to look messy. Many landscapers are immigrants but with Trump in power, maybe they will head south.
What can he expect in Federal Prison? If he ends up in Otisville Camp, he can get a job in landscaping and feel right at home. Except in prison, you only make 10 cents an hour.. Go here for more information... https://www.amazon.com/PRISON-expect-Federal-Bureau-Prisons-ebook/dp/B011GTWLOG
PRISON: what to expect in Federal Bureau of Prisons (Prison series Book 1) by [Langner, David, David, Earl] 

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