Thomas Frazier, CPA, who, admitted to falsifying tax filings of client Nick D'Arcangelo pursuant a government investigation launched November 2012, announced the merging of his practice with Arthur Spoon & Company, Ltd., denoting the new firm will consist of himself, Jerry Hilderbrand, and Kenneth Kolek. Frazier proclaims the practice will initially operate as Frazier, Spoon and Company, PLC [sic] to meet AZ State licensing requirements. \r
""Both Mr. Hilderbrand and Mr. Kolek come from Colorado and Iowa, respectively, where they operate a [sic] very successful firms."" . . . . ""Their expertise will allow me to provide a wider range of professional services to both my business and individual clients. Our goal is to maintain and over time improve the services that each of you have come to expect. I will continue to be actively involved with each of your tax and accounting needs as I have in the past."" comments Frazier. \r
--------------- Review posted Jun 16, 2013 -- Thomas K. Frazier CPA and part-time football official, conspired with football official and teacher Nick D'Arcangelo to falsify and manipulate D'Arcangelo's tax returns and tax liability. The evidence reveals the fraudulent tax filings generated inflated monetary enrichments for D'Arcangelo while substantially damaging D'Arcangelo's partner. Additionally, Tom Frazier failed to declare cash earnings paid to D'Arcangelo by football official Shannon Eastin for work performed by him on behalf of Eastin's business enterprise when Frazier prepared and electronically filed D'Arcangelo's tax returns. Ms. Eastin deferred the matter of the Form 1099 to Mr. Frazier who willfully failed to amend the falsified tax returns to include cash earnings paid to D'Arcangelo by Eastin thereby furthering D'Arcangelo's financial enrichment. Additional information including any disciplinary actions to be posted for public review to The AZ State Board of Accountancy Web site.