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Acc’Tant Failed to Report $1.4M

 A Connecticut accountant has pleaded guilty to failing to report more than $1.4 million in business income.

Sixty-year old Mark Legowski of Farmington pleaded guilty last month to filing false tax returns.

A self-employed accountant and tax return preparer, he operated under the name Legowski and Co. Court records showed that he reported returns for from 400 to 500 individual clients and 50 to 60 businesses.

For the tax years, 2015 to 2017, Legowski under-reported the firm’s gross receipts by excluding some customer payment checks from the firm’s bookkeeping system, and applying that false amount to his business returns

The Internal Revenue Service said it had a tax loss of $499,289.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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