A federal grand jury in Miami returned an indictment charging a Florida man with willfully failing to pay over employment taxes and to file individual income tax returns. According to the indictment, from 2009 to 2019, Paul Walczak of Palm Beach Gardens owned multiple healthcare companies, including NuVista, Palm Health Partners and a healthcare employment company called PHP Employment Services, LLC (PHPES), which he formed in July 2010. As the owner of PHPES, Walczak allegedly exercised control over the business’s finances and was responsible for paying over to the IRS the employment taxes, including federal income, Social Security, and Medicare taxes, withheld from his employees’ wages.
The indictment alleges that from 2016 to 2019, Walczak did not pay over to the IRS more than $6 million in withholdings. The indictment further charges that from 2016 through 2018 Walczak received a gross annual salary of at least $360,000 from the healthcare companies. In addition to his salary, he allegedly received significant wire transfers from his companies. Rather than pay over the withheld funds to the IRS, the indictment alleges Walczak used funds to invest in his businesses, purchase a yacht, lease luxury vehicles and charter private international flights.
Finally, the indictment charges Walczak with not filing personal income tax returns for 2018, 2019, and 2020.
