Every CPA who has worked with construction clients knows the rhythm. Checks come in, cash goes out, paperwork lags, and someone eventually says, “We’ll clean it up at year-end.” Most of the time, that clean-up never happens. In Massachus...
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How a General Contractor Hid $3 Million From the IRS
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Subscribe13 JAN 2026 / ACCOUNTING & TAXES
John Michael Sacco, owner of JMS Contracting, and Dariusz Pietron, owner of TJM Construction and Point Construction, have been found guilty by the IRS of long-running tax schemes for failing to property handle and report cash transactions. The case highlights that cash-heavy businesses still risk non-compliance with IRS requirements, and such continued failure can result in severe financial and legal consequences.
Every CPA who has worked with construction clients knows the rhythm. Checks come in, cash goes out, paperwork lags, and someone eventually says, “We’ll clean it up at year-end.” Most of the time, that clean-up never happens. In Massachus...
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