Joyce, a Democrat, was indicted on indicted on 113 counts including racketeering, fraud, money laundering, extortion and obstruction as part of a scheme to trade his political influence for cash and bribes. However, these were dismissed after the 58-year old legislator died on September 27 from a drug overdose.

Nardozzi, 68 of Waltham was convicted of stealing about $600,000 that should have been reported on Joyce’s corporate tax return and applying it to his personal return. He was also convicted creating  a simplified-employee pension plan (SEP) for Joyce and his wife, they were not entitled to, which  enabled them to defer taxes on more than $400,000 in income that Joyce falsely attributed to his wife.

In addition, the CPA helped Joyce perform an illegal rollover of the SEP account  to purchase stock in a private company without following the IRA rollover rules.

Bob Scott

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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