| Former B'Nai B'rith Prez Guilty of Tax Fraud |
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| Written by The Progressive Accountant | |||
| Wednesday, 12 October 2011 00:54 | |||
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Glick falsified by returns of a client, Jonathan Felix, who had been indicted for the returns he filed for tax years 1999 through 2002. In 2004, Glick fabricated management fee figures on Felix's tax returns in order to get a small refund in each year. Glick was also accused of lying twice to federal law enforcement agents about his actions and his conduct caused a tax loss more more than $400,000, Felix was the owner of an S corporation called United Professional Plans which administers dental plans for labor union health and welfare funds and had removed significant funds from the company during those years. Evidence showed that Glick knew about Felix's actions, which caused UPPI to lose clients and close down. | |||
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About the Author: Brett Owens is CEO and Co-Founder of Chrometa, a Sacramento, Calif.-based provider of software that records activity in real time. Previously marketed to the legal community, Chrometa is branching out to accounting prospects; gains include the ability to discover previously undocumented billable time, save time on billing reconciliation and improve personal productivity. Brett is also blogger and founder at CommodityBullMarket.com and ContraryInvesting.com, as well as a regular contributor to two leading financial media sites, SeekingAlpha.com and BeforeItsNews.com. |