NEWARK, N.J. – In a shocking case of tax evasion, a Monmouth County man has been charged with filing a false tax return, leaving thousands of dollars in unpaid taxes on the table.
Steven Bryce, 50, of Monmouth County, New Jersey, allegedly subscribed to a false tax return for tax year 2013. According to the complaint, Bryce operated a gambling business, but reported an income of $112,899 to the IRS, despite receiving tens of thousands of dollars from his business.
On July 14, 2014, Bryce filed Form 1040 with the IRS, which falsely stated that he and his spouse had total income of $112,899 for the calendar year 2013. However, the complaint alleges that this was not true and correct, and that Bryce had income substantially in excess of the amount he reported.
The charge of subscribing to a false tax return carries a maximum potential penalty of three years in prison and a maximum $250,000 fine. The government is represented by Assistant U.S. Attorney J Fortier Imbert of the U.S. Attorney’s Office’s Special Prosecutions Division.
U.S. Attorney Craig Carpenito credited special agents of IRS-Criminal Investigation, under the direction of Special Agent in Charge Michael Montanez and special agents of the FBI, under the direction of Acting Special Agent in Charge Joe Denahan in Newark with the investigation leading to today’s charges.
The charge and allegations contained in the complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty.
The investigation into Bryce’s tax return is ongoing, and it remains to be seen whether he will be held accountable for his alleged crimes.
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Key Facts
- State: New Jersey
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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