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Preparer Pleads in Failure to Pay $750K 

Justice and scalesA tax preparer based in Orem, Utah, has pleaded guilty to failure to pay more than $750,000 in personal income taxes. Sergio Sosa, the preparer  admitted in June to  failing to file personal file returns from 2003 through 2017.

He pleaded guilty to tax evasion, conspiring to defraud the United States and obstructing the efforts of the Internal Revenue Service to collect his personal debt. Sosa was found to have caused a tax loss of more than $1.1 millioin

According to the plea, Sosa conspired with two adult children when the IRS tried to collect from him.

Sosa, who operated Sergio Centro Latino, began efforts to obstruct the collection of debt after the IRS audited him. He used nominees to open corporate bank accounts, renamed his business and placed it in his children’s names, and then made false statements to the IRS. He also provided funds to his daughter to make mortgage payments on his personal residence.

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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