Fairfield County business operator convicted of tax evasion
The operator of a Fairfield County business has been convicted of tax evasion.
Robert Porzio, 48, of Westport, was sentenced Monday (April 4) to 12 months and a day in jail followed by a year of probation, according to Leonard Boyle, U.S. District Attorney for Connecticut.
Porzio was also ordered to pay a fine of $25,000.
He pleaded guilty on December 16.
Porzio, who operates Bert’s Tree Service, Inc., deposited a number of customer checks into personal bank accounts and transferred a large sum of money into a personal investment account, Boyle said.
He kept the receipt for payments from the company’s accountant, Boyle reported.
“These misappropriated payments were not reported on either his individual federal tax returns as supplemental pay or on company tax returns as supplemental receipts,” the U.S. attorney’s office reported.
For the 2012 through 2016 tax years, Porzio reported no more than $900,000 in additional income, the U.S. attorney’s office reported.
The underreporting resulted in a loss to the IRS of $331,388, Boyle said.
Boyle said Porzio paid his back taxes but still owed interest and penalties.
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