Joseph Balano, owner of Grandview-based Staffing Connections, pleaded guilty to a $493,000 tax fraud.
Balano admitted to collecting about $260,000 in employment taxes from this employees, then failing to pay it to the Internal Revenue Service. He also failed to pay the $232,000 employer portion of the taxes. Instead, Balano admitted to using the money for mortgage payments on his house and a lake house, gambling and car payments.
Balano could receive a sentence of five years in federal prison without…
Joseph Balano, owner of Grandview-based Staffing Connections, pleaded guilty to a $493,000 tax fraud.
Balano admitted to collecting about $260,000 in employment taxes from this employees, then failing to pay it to the Internal Revenue Service. He also failed to pay the $232,000 employer portion of the taxes. Instead, Balano admitted to using the money for mortgage payments on his house and a lake house, gambling and car payments.
Balano could receive a sentence of five years in federal prison without…