NEW YORK – The owner and operator of a Yonkers construction company pled guilty in Manhattan federal court on Tuesday to two counts of tax fraud for failing to pay over $800,000 in income taxes and payroll taxes from 2006 to 2008.
Tariq Tahir, 66, of Yonkers, owned and operated DNS Construction Corporation and engaged in two tax fraud schemes to avoid paying the money, according to federal authorities.
He faces up to six years in prison and must pay restitution of $771,000 to the federal government and $112,000 to the state when he is sentenced in June.
Tahir was said to have cashed checks at several check-cashing businesses rather than depositing those checks into the bank accounts of his company to conceal his company’s true revenues from state and federal tax authorities. He also paid his employees primarily in cash to avoid paying DNS’ federal tax returns without detection by tax authorities.
