An elected official in New York was indicted on four counts of filing false tax returns between 2019 and 2022. He deposited all client funds into an Interest on Lawyer Account, then wrote checks to himself from the account, cashing around 1,700 checks worth more than 1.1 million dollars.

Despite this, he reported around $22k – $30k in annual income on his tax returns. This resulted in unpaid taxes exceeding $380,000.

Read about this story and more in our May edition of the Tax Resolution Times!