August 10, 2018

Hamden salesman gets prison for tax evasion

A former salesman for a New Haven printing company was sentenced to six months in prison on Thursday for failing to pay nearly $485,000 in federal income taxes, authorities said.

Ira Malkin, 49, of Hamden, pleaded guilty in March to one count of tax evasion, according to the Connecticut U.S. Attorney's Office.

Chief U.S. District Judge Janet C. Hall in New Haven also sentenced Malkin to three years of supervised release, including six months of home confinement, and ordered him to perform 200 hours of community service.

Malkin, a former lead salesman for Good Copy Printing Center Inc. in New Haven, failed to report more than $1.5 million in income between 2003 and 2012 and failed to pay $484,581 in federal income taxes, prosecutors said.

In one scheme, prosecutors said Malkin asked his employer to pay for personal expenses and reduce his "substantial" commission by the amount paid, resulting in an under-reporting of his earnings to the Internal Revenue Service.

Malkin also asked a client to reimburse him for postage on a mass mailing, then had his employer reduce his commission by the reimbursed amount, further masking his true income, according to prosecutors.

Malkin has repaid all back taxes but still owes more than $700,000 in interest and penalties, authorities said.

He is free on $50,000 bond and must report to prison Oct. 11.

Natalie Missakian can be reached at news@newhavenbiz.com

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