New Hampshire Business Newsreel
November 19. 2012 7:36PM
Hampstead businessman pleads guilty to tax evasion
HAMPSTEAD - A local businessman has been sentenced to prison and fined after pleading guilty to tax evasion.
Kevin G. Attar, 51, was sentenced in U.S. District Court for the District of New Hampshire on Monday to eight months in federal prison and a $30,000 fine after pleading guilty to two counts of tax evasion, according to United States Attorney for New Hampshire John P. Kacavas.
Attar was the owner of Surge Industries Inc., an employee-services company, from 1989 until March 2004, at which time he sold a two-thirds interest in the business.
During the course of an Internal Revenue Service audit begun in 2006, and in a subsequent criminal investigation, investigators say they discovered that Attar diverted more than a quarter of a million dollars of his company's income in 2003 and 2004.
The money was not claimed on the company's business tax returns, nor was it reported on Attar's personal tax returns. Investigators claim that Attar under-reported his taxable income by $246,749 in 2003, owing $72,319 in unpaid taxes. For tax year 2004, he allegedly under-reported his income by $31,057 and owed $10,871.
The case was investigated by the Internal Revenue Service's Criminal Investigation Office in Portland, Maine, and prosecuted by N.H. Assistant U.S. Attorney Arnold Huftalen.
Concord radio station names a new general manager
CONCORD - Radio Station WKXL-AM and FM has appointed Chris Ryan as general manager.
Ryan has worked in the broadcast industry for 10 years, the last four at WKXL-AM & FM. Listeners know him as one of the station's sportscasters as well as the reporter and newscaster on "AM New Hampshire," the station's morning news show.
"We will being pushing forth brand-new programming, sales, and marketing initiatives over the next few months," Ryan said in a press release.
The Franklin Pierce University graduate also is also the creator and host of "NH Now" as well as "Life with Matt Bonner." During the recent election cycle, Ryan interviewed all of the Democratic and Republican candidates for President, governor and Congress.
WKXL-AM & FM broadcasts local news and information and local sports during the day and evening and jazz through the night. The station is an affiliate of Bloomberg News Radio, providing listeners financial information daily.
State plans liquor store in Manchester, upgrades in Milford and Bedford
CONCORD - The state Liquor Commission plans to relocate its New Hampshire Liquor & Wine Outlets in Milford and Bedford and open a new store on south Elm Street in Manchester
The Milford store will move early next year approximately two miles, from its current location in the Granite Town Plaza to the Market Basket Plaza on Route 101. It will occupy a 7,400-square-foot space that formerly housed Blockbuster, the commission announced Monday.
The Bedford store will move from Colby Court in the Bedford Grove Plaza to just west of the intersection of Route 101 and Route 114, across from the Bedford Public Safety Complex. Plans call for a newly constructed 13,000-plus-square-foot standalone building.
The Liquor Commission will lease a new, 12,000-square-foot freestanding building as a New Hampshire Liquor & Wine Outlet on the southern part of Elm Street in Manchester.