Missouri Tax Adviser Charged with Tax Evasion

Posted on Dec 29, 2012

Some accountants and tax advisers are smarter than others, but very few succeed in using their skills to actively defraud the government. Witness the case of Missouri resident Frank Zerjav, Jr., a tax adviser who was recently indicted for filing false tax returns for the years 2001 through 2004. In addition, the Eureka-Wildwood Patch reports, Zerjav attempted to fool the grand jury investigating his case by going back and altering the “QuickBooks” of his accounting company, Advisory Group West, Inc.

There's even more to this story. Apparently, in 2010, a judge in St. Louis issued a ruling that barred Zerjav, Jr. from preparing tax returns and advising clients about taxes for a period of three years. At the same time, Frank Zerjav, Sr., (who was presumably a partner in Advisory Group West) was permanently barred from “engaging in certain conduct related to tax preparation.” Even earlier, in 2008, the federal government alleged that the Zerjavs, father and son, “were promoting an unlawful tax scheme involving the use of bogus corporate transactions and phony deductions.”

What's next for Zerjav Jr.? According to Patch, he faces a maximum penalty of five years in prison and $250,000 in fines for each of his four tax-evasion counts (presumably applying to each year he perpetrated his tax scheme). As an IRS revenue officer is quoted in the piece, “Tax violations have been erroneously referred to as victimless crimes, but it's the honest law abiding citizen who is harmed when someone tries to manipulate our nation's tax system.”

Are you an Oklahoma businessman who is in trouble with IRS over back taxes? Contact the Oklahoma tax experts at Travis W. Watkins, PC (800-721-7054) for a free consultation today!

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