Liquor Store Owner Did Not Report $100,000 in Income
A Connecticut man who did not report more than $100,000 in income has received three years of probation. He must serve the first six months in home confinement.
Gurdev S. Kaura, 55, of Naugatuck, Conn., also must perform 150 hours of community service during his term of probation.
According to court records, during 2005, Kaura owned and operated Fairfield Wine and Liquor, a liquor store in Waterbury, Conn. Kaura was also employed as a maintenance worker for Pratt and Whitney in East Hartford, where he received W-2 wages.
Kaura signed and filed a false federal tax return. In the return, Kaura falsely represented that his total taxable income was $8,136 when, in fact, his total taxable income was $123,812, the difference resulting primarily from his willful failure to report approximately $117,330 of proceeds from his liquor business. This resulted in a tax loss of $32,955 to the Internal Revenue Service.
As part of the resolution of this matter, Kaura has agreed to forfeit $87,431 and pay an additional $67,249 in monies due and owing on the tax return, which includes approximately $33,000 of outstanding interest and civil penalties.
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