(Editor's Note: Following his arraignment in Boston Muncipal Court on Friday, Dec. 9, Daniel Adams was subsequently indicted by a Suffolk County Grand Jury on Monday, Dec. 12, and arraigned on Tuesday, Dec. 13 in Suffolk Superior Court. The Attorney General's office issued a press release after the indictment which describes the alleged fraud in more detail. Bail remains at $100,000 cash.)
Attorney General Martha Coakley today announced the arraignment of movie director Daniel Adams on charges of defrauding the Commonwealth's film tax credit program of $4.7 million.
The AG said that "today's action is an important step to ensure that the film tax credit is awarded appropriately while encouraging legitimate productions to be filmed here in Massachusetts. We want to thank the Department of Revenue for discovering this alleged fraud and working cooperatively with our office to investigate further."
The release recognized DOR investigators Janel Cosgrove and Tom Nowicki for their work on the case.
The investigation began in March 2010 when an investigator at DOR spotted suspicious tax returns connected to the "The Lightkeepers'" film. "Concerned that these returns might be fraudulent documents the DOR began an investigation and then referred the findings to the AG's Fraud and Financial Crimes Division," the AG's release said.
The alleged fraud centered on inflated payroll and production expenses for two films. Inflating the value of those increases the value of the film tax credit, which is equal to 25 percent of production costs. The AG alleges that Adams fraudulently claimed $4.7 million in film tax credits.
DOR recently released its 2011 film tax credit report. To date, 556 film productions have received $276.1 million in tax credits while spending more than $1.13 billion in Massachusetts
Why do most Massachusetts taxpayers file electronically? Lots of good reasons. posted on Mar 17
If you haven’t filed your Massachusetts personal income tax return, there are very good reasons to consider e-filing. Millions of taxpayers have already taken advantage of e-filing, the most convenient way to get your taxes done. Why are we confident that e-filing is the very …Continue Reading Why do most Massachusetts taxpayers file electronically? Lots of good reasons.
MassTaxConnect for Fiduciary Taxes – Get Started on December 5, 2016! posted on Nov 14
With WebFile for Income Stepping Aside, MassTaxConnect Steps Up MassTaxConnect, the Commonwealth’s new tax revenue system, will be expanding to include fiduciary and other taxes on December 5, 2016. As you may already know, WebFile for Income is now officially closed as we prepare to …Continue Reading MassTaxConnect for Fiduciary Taxes – Get Started on December 5, 2016!
November 6: WebFiIe for Income Makes Way for MassTaxConnect posted on Nov 4
WebFile for Income says goodbye as MassTaxConnect welcomes more taxpayers In anticipation of MassTaxConnect expanding to include 10 additional tax types, WebFile for Income will say goodbye to users on November 6 at midnight. Save the date – pay bills electronically through November 6 If …Continue Reading November 6: WebFiIe for Income Makes Way for MassTaxConnect