Accountant Charged with Conspiring to Defraud the IRS (Brian Joyce case)

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https://www.justice.gov/usao-ma/pr/accountant-charged-conspiring-defraud-irs

Department of Justice
U.S. Attorney’s Office
District of Massachusetts

FOR IMMEDIATE RELEASE

Monday, January 29, 2018

Accountant Charged with Conspiring to Defraud the IRS

Defendant allegedly assisted former State Senator Brian Joyce with preparing false tax returns

BOSTON – John H. Nardozzi, a certified public accountant, was charged in an indictment unsealed today with assisting former State Senator Brian Joyce with preparing and filing false income tax returns. Nardozzi, 66, of Waltham, was indicted on one count of conspiring to defraud the IRS and eight counts of aiding and assisting in the filing of false tax returns. Nardozzi will appear this afternoon in federal court in Worcester.

The indictment alleges that Nardozzi, Joyce’s accountant, secretly conspired with Joyce and others to defraud the IRS for tax years 2011 to 2014 by:

•Fraudulently deducting millions of dollars of personal expenses for Joyce as legitimate business expenses of Joyce’s corporation, Brian A. Joyce, Attorney at Law, P.C., (“BAJPC”);
•Fraudulently inflating self-employment income for Joyce and his spouse, by more than $2 million in order to maximize retirement plan contributions and falsely reduce taxable personal income;
•Fraudulently reporting a rollover of more than $400,000 in retirement savings when, in fact, it was a taxable event subject to early withdrawal penalties;
•Fraudulently deducting a corporate dividend of approximately $56,000 as a “legal expense” attributable to Joyce in order to falsely reduce the taxable income of BAJPC; and
•Fraudulently omitting a dividend of approximately $100,000 from Joyce’s personal tax return in order to reduce Joyce’s taxable income.

In addition to the conspiracy charge, the indictment also alleges that Nardozzi aided and assisted Joyce in preparing and filing false corporate and personal income tax returns between 2011 and 2014.
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