Favato, Stephen - Woodbridge, NJ

Under the automatic disciplinary provisions of the Institute’s bylaws, effective August 14, 2012, Mr. Favato’s AICPA membership was suspended pending the outcome of an appeal because of a final judgment of conviction for crimes punishable by imprisonment for more than one year. Mr. Favato was found guilty of violating Title 26, USC Section 7212(a), Corrupt Endeavor to Obstruct and Impede Internal Revenue Laws, and Title 26, USC Section 7206(2), Aiding and Assisting in the Preparation and Filing of a False Tax Return.