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Tag Archives: failing to file returns

Profitable Port of New Bedford draws IRS scrutiny of tax evading fishermen

May 10, 2023 National

As the nation’s number one commercial fishing port, New Bedford is very much on the radar. “The statistics we have cover the six New England states but really the fishing industry is significant in Rhode Island, Maine and Massachusetts, with, of course, New Bedford being the most valuable port not only in New England but in the United States,” said IRS Criminal Investigation Supervisory Special Agent Matthew Amsden. Seven New England fishermen, including three from New Bedford and one from Fall River, were charged last month with tax evasion and failing to file returns. The other three indicted were from Rhode Island, according to a press release from the IRS Criminal Investigation unit. >click to read< 07:40

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New England fishermen, many from New Bedford, Fall River charged with tax offense

April 16, 2023 National, New England

Federal grand juries in Providence, Rhode Island, and Boston returned separate indictments charging seven commercial fishermen with tax evasion and failing to file returns. According to the indictments, the commercial fishermen each worked for fishing companies operating primarily out of New Bedford, Massachusetts, or Point Judith, Rhode Island, and received substantial compensation. The companies allegedly paid the fishermen as independent contractors and documented that income by, among other things, filing Forms 1099 with the IRS that reported the funds paid to the fishermen. >click to read< 09;11

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Ocean Resource Privatization

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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