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The owner of a Quincy construction company pleaded guilty in federal court to tax evasion.

Brighton resident Richard Karski, 59, admitted to a federal judge last week that for tax years 2015 through 2018, he failed to report over $1.9 million in business and personal income and failed to pay $192,814 in federal taxes.

According to the U.S. attorney’s office for Rhode Island, an IRS investigation determined that from 2015 through 2018, Karski traveled to Rhode Island and cashed checks he received from his customers of his company, K.C.O. Builders, at a check-cashing business in Rhode Island and did not report the income to the IRS.

Karski is scheduled to be sentenced on Jan. 18, 2022. The U.S. attorney’s office said Karski’s plea deal stipulates he will pay full restitution to the federal government.

Quincy Contractor Pleads to Tax Dodging

by Banker & Tradesman time to read: 1 min
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