-8- returns or on their individual returns).6 During the subject years, the Les diverted to their personal use attorney checks totaling $295,940 and $197,072, respectively. Of the $295,940, the Les deposited $150,213 into their personal accounts, cashed $116,848, and converted $28,878 into cashier’s checks (the $1 discrepancy is due to rounding). Of the $197,072, the Les deposited $66,663 into their personal accounts, cashed $93,260, and converted $37,148 into cashier’s checks (the $1 discrepancy is due to rounding). D. DDL’s and the Les’ Accountant During the relevant years, Tuan Anthony Nguyen (Mr. Nguyen) performed accounting and tax return preparation services for DDL and the Les. Among other things, he prepared for them profit and loss statements, quarterly payroll returns, the Les’ individual income tax returns, and DDL’s corporate income tax returns. Ms. Le, who provided Mr. Nguyen with all of DDL’s information that he relied upon to prepare DDL’s 1990 and 1991 corporate income tax returns, informed Mr. Nguyen that all of DDL’s income was reflected in its business bank account. Mr. Nguyen also prepared for DDL 1990 and 1991 Forms W-2, Wage and Tax Statements, as to petitioner. These forms, which were attached to the Les’ 1990 and 1991 Federal individual income tax returns, respectively, 6 DDL did report on its corporate income tax returns the amounts of the attorney checks which were deposited into DDL’s bank account.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011