A New York CPA has pleaded guilty to helping a concrete supplier evade more than $400,000 in taxes. Savignano faces a maximum of five years in prison and possible restitution and monetary penalties.
For tax years 2014 through 2014, Manzione did not file individual returns of pay taxes due from income from his concrete companies. Then in 2015, he sought a loan in connection with the purchase of a condominium in Miami, Fla., and the lenders asked him for three years of filed tax returns.
Manzione contacted the CPA who helped him prepare and file tax returns that substantially underreported his income.
