Middlesex County CPA Sentenced to 27 Months in Prison for Filing False Tax Return

A Middlesex County, New Jersey, certified public accountant was sentenced today to 27 months in prison for underreporting his income on his personal tax return, avoiding paying more than $672,000 in taxes, U.S. Attorney Craig Carpenito announced.

According to reports, Amit Govil, 58, of New Brunswick, New Jersey, previously pleaded guilty before U.S. District Judge Jose L. Linares to Count 1 of an indictment charging him with making and subscribing a false tax return. Judge Linares imposed the sentence today in Newark federal court.

According to documents filed in the case and statements made in court:

Govil, licensed as a CPA in New York and New Jersey, operated P&G Associates, a business headquartered in East Brunswick, New Jersey, providing risk management and audit services to community banks.

Officials say that Govil admitted that for the tax year 2010, he underreported and failed to report the gross receipts or sales of P&G Associates on Schedule C of his personal tax return, avoiding more than $672,000 in taxes.

In addition to the prison term, reports say that Judge Linares sentenced Govil to one year of supervised release.