From 2014-2017, Nantucket, MA commercial business owner Durvan Lewis deposited over $1.5 million of DCL Painting’s gross receipts into his personal bank account and failed to report this amount to his tax preparer. In addition, between 2012-2019, Lewis paid over $5 million in cash wages to his employees “under the table.”
He underreported his personal income tax obligations, as well as failed to report and pay employment taxes on the cash wages. This tax fraud scheme resulted in $2,084,852 in lost revenue to the IRS.
Lewis pled guilty and was sentenced to two years in prison, two years of supervised release and a fine of $10,000. Lewis was also ordered to pay $2,084,852 in restitution to the IRS.