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Specializing in IRS and NYS Tax Representation. Workers Compensation Audits, Payroll, Sales and Income Tax representation for Businesses, Individuals, Restaurants and Construction Companies. Civil and Criminal Workers Comp Audit representation includes: NYSIF Examinations, Premium Disputes, Employee Misclassification, Underreporting, Unreported Income, and Failure to Keep Accurate Payroll Records.

Tuesday, February 5, 2019

Businesswoman Sentenced to Prison for Filing False Corporate Income Tax Return (she should have hired SELIG)


Marlene Seo was sentenced of February 1st2019 to one year and one day in prison for making and subscribing a false corporate income tax return, announced Principal Deputy Assistant Attorney Richard E. Zuckerman, head of the Justice Department’s Tax Division.
According to court documents, Seo owned and operated the National Martial Arts Academy (NMAA).  From 2011 through 2013, she directed that income due to NMAA to be deposited into certain bank accounts, which she did not disclose to her bookkeeper and accountants.  As a result, Seo caused the 2011, 2012 and 2013 federal corporate income tax returns for NMAA to underreport the business’s gross receipts by approximately $650,000. 
Seo pleaded guilty on October 29, 2018, to signing and filing NMAA’s false 2012 income tax return.  In addition to the prison term, Seo was ordered to serve one year of supervised release and to pay restitution to the Internal Revenue Service (IRS) in the amount of $238,350.70 and a special assessment of $100.
Principal Assistant Attorney General Zuckerman commended special agents of IRS-Criminal Investigation, who investigated the case, and Trial Attorneys Anahi Cortada and Lisa L. Bellamy of the Tax Division, who prosecuted the case.

Free Consultation with an experienced Federal Tax Practitioner and Attorney. Call (212) 974-3435 or contact us online. Don’t delay another day. Meet with us personally in our conveniently located New York City office.

Restaurants We specialize in unpaid sales taxes, installment agreements, audit representation and all Department of Labor issues. For immediate assistance call (212) 974-3435 or contact us online. 

Contractors We specialize in payroll and withholding taxes, installment agreements, audit representation and Workers Compensation insurance audits. To schedule a free consultation call (212) 974-3435 or contact us online. 

Businesses We settle and restructure business debts, including multiple MCAs, judgments and most insurance claims. To meet with us personally call (212) 974-3435 or contact us online. 
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