March 2, 2018

Hamden salesman pleads guilty to tax evasion

A former lead salesman for a New Haven printing company faces up to five years in prison for failing to pay nearly $485,000 in federal income taxes, authorities said.

Ira Malkin, 48, of Hamden, pleaded guilty in U.S. District Court in New Haven this week to one count of tax evasion, according to the Connecticut U.S. Attorney's Office.

According to court documents and statements, Malkin's employer, Good Copy Printing Center Inc. (GCP) paid for many of his personal expenses between 2003 and 2012, then, with Malkin's consent, reduced his "substantial" commission by the amount the company paid, prosecutors said.

As a result, according to prosecutors, the company reported far less income on W-2 filings with the IRS than Malkin truly earned.

In another scheme, prosecutors said Malkin asked Comcast cable, which had hired GCP to print and mail flyers between 2009 and 2012, to reimburse him for postage expenses paid by his employer.

The printing company then reduced Malkin's commission by the amount of the postage it paid, further underreporting his income, according to authorities.

Malkin has agreed to repay the IRS $484,581 in taxes, plus penalties and interest. He is scheduled to be sentenced before Chief Judge Janet C. Hall on May 22.

Natalie Missakian can be reached at news@newhavenbiz.com

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