Business & Tech

Brooklyn Business Owner Didn’t Pay $688K In Taxes: Feds

A Brooklyn man who ran two businesses, one on 64th Street, didn't take taxes out of his employee's paychecks for four years, officials said.

BROOKLYN, NY — A man who owned two businesses in Brooklyn didn’t pay more than $688,000 in taxes, federal officials said.

Zhi Hui Zheng, who owned a sewing business on 64th Street and another Brooklyn clothing shop, plead guilty Friday to not collecting taxes from his employees for four years, the U.S. Department of Justice said.

Zheng ran Good Time Sewing and Perfect Made Apparel, both in Brooklyn.

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Officials said he didn’t collect, keep track of, or give the tax collectors the Social Security, Medicare and income taxes from any of his employees’ paychecks between 2012 and 2016.

The investigators said the withheld taxes, spread over 17 tax quarters, totaled $688,234 kept from the federal government.

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Zheng also didn’t file the corresponding forms for the taxes with the Internal Revenue Service, officials said.

The businessman could face five years in jail for the crime and will be sentenced in January, officials said.

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