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Ex-IRS agent pleads guilty

A former IRS tax specialist admitted in federal court in Maryland that he owes more than $789,000 in overdue taxes, federal authorities said.

John Venuti, 62, of Harwood, Md, pleaded guilty Tuesday in U.S. District Court in Baltimore to three counts of failing to file a federal income tax return, according to the U.S. Attorney's Office in Maryland.

Venuti worked at the accounting firm KPMG LLP from 2002 until January as a tax consultant and principal, court documents state. He worked for the IRS from 1974 to 1983, including three years during which he was chief of the Tax Treaty and Technical Services Division.

According to the plea agreement, Venuti did not file federal tax returns from 2001 to 2006. Each year, though, he requested and was granted a six-month extension, and made a total of $97,060 in payments along with the extension requests. Authorities said he owes more than $789,000 in back taxes.

In July 2008, after he was told he was under criminal investigation, Venuti submitted tax returns for the tax years 2001 to 2006, authorities said.

Venuti faces a maximum sentence of one year in prison for each of the three counts. He is scheduled to be sentenced Nov. 2.
-- Maria Glod

By Maria Glod  |  July 20, 2010; 12:54 PM ET
Categories:  From the Courthouse , Maria Glod  
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Comments

Given that Mr. Menuti (as stated in the article) hasn't worked for the IRS for nearly 30 years (and then for only 9 years), isn't this headline a tiny bit sensationalistic?

Posted by: ceebee2 | July 20, 2010 2:10 PM | Report abuse

He should call Ronnie Deutch.

Posted by: jckdoors | July 20, 2010 3:48 PM | Report abuse

jckdoorss.....ha ha ha good one

Posted by: bigheadbull2 | July 20, 2010 4:33 PM | Report abuse

$789K + $97K over 6 years means he owed more than $140K in taxes EACH year and it took the IRS six years to finally come after him? Marion Barry owed far less than that and the IRS came after him with a vengence.

Posted by: Jimof1913 | July 20, 2010 11:26 PM | Report abuse

$789,000 and he only gets one year and nothing is mentioned of him even being asked to pay back any of what he owes?! This is a crock! If I owed $789.00 the IRS would be on my @ss like flies on you know what!!! SMH!!!!

Posted by: kylesmom96 | July 21, 2010 8:30 AM | Report abuse

If an IRS tax specialist can't even figure out the tax code, there's something wrong. I certainly don't mind paying my fair share, but they need to simplify it so everyone can understand it without wasting time and money on assistance from computer programs or specialists. But then I guess that would take away alot of congress' power over our lives, which they wouldn't want to give up...

Posted by: thebossman | July 21, 2010 11:09 AM | Report abuse

One year max for EACH of the three counts. The Post SHOULD have discussed the rest of what someone in this situation faces - interest and penalties would multiply this payback into multiple millions, which his lawyers may or may not be able to negotiate down. His assets and propterty could also be seized and sold. Look back here on Nov 2 - DOJ likes to make examples of guys like this one who clearly know better and are relatively high-profile.

Posted by: awpreader | July 21, 2010 12:35 PM | Report abuse

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