2 Accountants Accused Of Helping Hundreds File False Tax Returns - GoFuckYourself.com

Juicy D. Links · 01-26-2006, 02:35 PM

http://www.wnbc.com/money/6404085/detail.html

NEW YORK -- Two accountants have been indicted on charges of tax evasion and helping hundreds of their clients file false city and state tax returns, resulting in the loss of millions of dollars.

A 21-count indictment accuses Jeffrey C. Rosner, 52, of Queens, and David E. Cohen, 54, of Staten Island, of filing false returns for themselves and their wives from 1999 through 2003, District Attorney Robert Morgenthau said Tuesday.

In those five years, Rosner and Cohen -- who had offices in the Empire State Building -- also helped at least 600 clients evade millions in taxes, charging up to $500 to prepare a tax return, the prosecutor said.

"This is a massive tax fraud," he said. "This case is one of the largest we've ever brought." He added that cases in which the tax fraud occurred before 1999 could not be prosecuted because of the statute of limitations.

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The city's Department of Finance said the case could lead to the recovery of at least $7.5 million in state and city income, business and sales taxes.

Finance Commissioner Martha E. Stark, warned that taxpayers cannot say they simply relied on an expert's advice. "That excuse is not valid," Stark said. "Tax cheats cost all of us."

Assistant District Attorney Gilda Mariani, head of Morgenthau's tax crimes unit, said investigators had audited "several hundred" returns prepared by Rosner and Cohen and every one contained false information.

Mariani said investigators know the names of all the suspects' clients. She and Stark suggested that people whose returns were prepared by the defendants contact the Finance Department or the district attorney before those offices contact them.

Morgenthau said both defendants taught at local colleges -- Rosner at Touro and Cohen at Rutgers and City College of New York.

As for Rosner, Morgenthau said, from 1999 through 2003 he failed to report any of the $1.2 million he earned as a tax preparer, the interest income he charged on loans to clients or the rental income he received from three New York properties.

In the same five years, Cohen underreported $500,000 in income from his accounting business, Morgenthau said. He said Cohen reported about one-third of his actual income and did not report any money he received from a rental property on Staten Island.

Besides failing to report income or pay business taxes, Morgenthau said, Rosner actually got a state and city tax refund totaling $5,000, and Cohen received refunds from the state and city amounting to $5,900.

Rosner's total tax debt to the state and city, not including penalties and interest, is about $225,000, Morgenthau said. He said Cohen owes the state and city a total of about $100,000, not including penalties and interest.

Rosner's lawyer, Richard Finkel, said, "Of course he's going to plead not guilty. He's a highly respected accountant. He will defend vehemently against the charges and in the end he will be vindicated."

Cohen's lawyer, Joseph DeMatteo, did not immediately return calls for comment.

Both defendants were expected to be arraigned later Tuesday.

sickbeatz · 01-26-2006, 02:37 PM

yyyyyyyyikes

BoyAlley · 01-26-2006, 02:38 PM

Someone's in some shit, haha.

Well, actually, a LOT Of someones...

Juicy D. Links · 01-26-2006, 02:40 PM

Quote:

Originally Posted by BoyAlley

Someone's in some shit, haha.

Well, actually, a LOT Of someones...

yup some big heavy shiiiiiiiiiiiiiiiiiiiiiiiiiiit

Manowar · 01-26-2006, 02:40 PM

dayumn!!!

eMonk · 01-26-2006, 02:41 PM

that really sucks for both parties.

Sosa · 01-26-2006, 02:42 PM

dumb fucks

EroticySteve · 01-26-2006, 02:43 PM

Don't mess with the tax man. He will kick your ass.

Juicy D. Links · 01-26-2006, 02:43 PM

Quote:

Originally Posted by eMonk

that really sucks for both parties.

2 bad they cant go back past 1999 due to statute of limitations

WiredGuy · 01-26-2006, 02:53 PM

I'm starting to notice a pattern for people with the last name Cohen...
WG

ricks · 01-26-2006, 07:19 PM

Quote:

Originally Posted by WiredGuy

I'm starting to notice a pattern for people with the last name Cohen...
WG

woj · 01-26-2006, 07:49 PM

sucks to be one of their clients...

OldSchoolJim · 01-26-2006, 07:56 PM

Quote:

Originally Posted by Juicy D. Links

2 bad they cant go back past 1999 due to statute of limitations

Juice man....if they think fraud is a possibility...they can go back as far as they want.....they just normally don't...banks are required by the IRS to keep their records for 20 years...just in case.

01-26-2006, 02:35 PM	#1
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	2 Accountants Accused Of Helping Hundreds File False Tax Returns http://www.wnbc.com/money/6404085/detail.html NEW YORK -- Two accountants have been indicted on charges of tax evasion and helping hundreds of their clients file false city and state tax returns, resulting in the loss of millions of dollars. A 21-count indictment accuses Jeffrey C. Rosner, 52, of Queens, and David E. Cohen, 54, of Staten Island, of filing false returns for themselves and their wives from 1999 through 2003, District Attorney Robert Morgenthau said Tuesday. In those five years, Rosner and Cohen -- who had offices in the Empire State Building -- also helped at least 600 clients evade millions in taxes, charging up to $500 to prepare a tax return, the prosecutor said. "This is a massive tax fraud," he said. "This case is one of the largest we've ever brought." He added that cases in which the tax fraud occurred before 1999 could not be prosecuted because of the statute of limitations. Yes No Yes No Yes No The city's Department of Finance said the case could lead to the recovery of at least $7.5 million in state and city income, business and sales taxes. Finance Commissioner Martha E. Stark, warned that taxpayers cannot say they simply relied on an expert's advice. "That excuse is not valid," Stark said. "Tax cheats cost all of us." Assistant District Attorney Gilda Mariani, head of Morgenthau's tax crimes unit, said investigators had audited "several hundred" returns prepared by Rosner and Cohen and every one contained false information. Mariani said investigators know the names of all the suspects' clients. She and Stark suggested that people whose returns were prepared by the defendants contact the Finance Department or the district attorney before those offices contact them. Morgenthau said both defendants taught at local colleges -- Rosner at Touro and Cohen at Rutgers and City College of New York. As for Rosner, Morgenthau said, from 1999 through 2003 he failed to report any of the $1.2 million he earned as a tax preparer, the interest income he charged on loans to clients or the rental income he received from three New York properties. In the same five years, Cohen underreported $500,000 in income from his accounting business, Morgenthau said. He said Cohen reported about one-third of his actual income and did not report any money he received from a rental property on Staten Island. Besides failing to report income or pay business taxes, Morgenthau said, Rosner actually got a state and city tax refund totaling $5,000, and Cohen received refunds from the state and city amounting to $5,900. Rosner's total tax debt to the state and city, not including penalties and interest, is about $225,000, Morgenthau said. He said Cohen owes the state and city a total of about $100,000, not including penalties and interest. Rosner's lawyer, Richard Finkel, said, "Of course he's going to plead not guilty. He's a highly respected accountant. He will defend vehemently against the charges and in the end he will be vindicated." Cohen's lawyer, Joseph DeMatteo, did not immediately return calls for comment. Both defendants were expected to be arraigned later Tuesday.

01-26-2006, 02:37 PM	#2
sickbeatz The Hustler Join Date: Feb 2005 Posts: 4,993	yyyyyyyyikes __________________ GalleryFeeder.com

01-26-2006, 02:43 PM	#8
EroticySteve Confirmed User Join Date: Mar 2005 Location: The Sunshine State Posts: 4,365	Don't mess with the tax man. He will kick your ass. __________________ You deserve to make more money. I'll help you do that. Our affiliates earn up to $3/email or $107/sale email steve <at> eroticy.com - icq 290153464

01-26-2006, 02:53 PM	#10
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,487	I'm starting to notice a pattern for people with the last name Cohen... WG __________________ I play with Google.

01-26-2006, 07:49 PM	#12
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	sucks to be one of their clients... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

01-26-2006, 02:38 PM	#3
BoyAlley So Fucking Gay Join Date: Nov 2004 Posts: 19,714	Someone's in some shit, haha. Well, actually, a LOT Of someones...

01-26-2006, 02:40 PM	#5
Manowar jellyfish Join Date: Dec 2003 Posts: 71,528	dayumn!!!

01-26-2006, 02:41 PM	#6
eMonk Confirmed User Industry Role: Join Date: Aug 2003 Location: Canada Posts: 2,310	that really sucks for both parties.

01-26-2006, 02:42 PM	#7
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	dumb fucks