CORTLAND, N.Y. — The owners of some Cortland–area bars and restaurants have pleaded guilty to criminal tax fraud for underreporting more than $4 million in taxable sales.
George Seibel, 60, of Homer, and Anthony Caruso, 60, of Cortland, as well as the parent companies of their respective businesses — Dark Horse Tavern; A Pizza & More; Hairy Tony’s; and Dasher’s Corner Pub — pleaded guilty, New York State Attorney General Letitia James said in a Monday news release.
As part of their pleas, the defendants repaid the state more than $479,000 that they owed.
(Sponsored)
Cybersecurity in Today’s Remote Work Environment
The response to the COVID-19 pandemic demonstrated that remote work was viable for many companies. Today, remote and hybrid work models have become standard options for most professionals. While remote
How Do Value Conclusions and Value Calculations Differ?
The value of a business is relevant in a wide variety of legal contexts, including divorces, shareholder disputes, mergers, bankruptcy and tax planning. Nevertheless, not every so-called “valuation” service is
A joint investigation by the Office of Attorney General (OAG) and the Department of Taxation and Finance revealed that — between 2010 and 2015 — Seibel and Caruso collectively underreported a total of more than $4 million in taxable sales and failed to remit over $475,000 in sales tax collected from their six different restaurants and bars throughout Cortland and Onondaga counties, per the release.