Victor Aguayo, proprietor and president of Mabel Inside Design Inc., an inside portray enterprise in Westbury, New York, pleaded responsible at this time to employment tax crimes. Aguayo admitted to failing to gather and pay over employment taxes from his workers’ wages, leading to important tax losses to the federal authorities.
In response to courtroom paperwork and statements made in courtroom, Aguayo was chargeable for withholding Social Safety, Medicare, and federal revenue taxes from the wages of his workers and reporting these withholdings to the IRS on a quarterly foundation. Moreover, he was required to pay these withheld taxes to the IRS quarterly.
As an alternative, Aguayo paid his workers roughly $3.6 million in money wages, failing to withhold or remit the required taxes. He additionally brought on false quarterly tax returns to be filed, omitting the money wages from the corporate’s tax filings. This scheme resulted in a tax loss to the IRS of $545,743.
Aguayo is scheduled to be sentenced on April 21, 2025. He faces a most sentence of 5 years in jail, together with a interval of supervised launch, restitution, and financial penalties. A federal district courtroom choose will decide the ultimate sentence after contemplating the U.S. Sentencing Tips and different related statutory elements.
Appearing Deputy Assistant Lawyer Common Stuart M. Goldberg of the Justice Division’s Tax Division introduced the responsible plea.
The case was investigated by IRS Legal Investigation and is being prosecuted by Assistant Chief Sarah Ranney and Trial Lawyer Joseph D.G. Castro of the Justice Division’s Tax Division.
