An Ashburn businessman pleaded guilty in Federal District Court today to charges of employment tax fraud and illegally possessing a firearm.
According to court documents, Lawrence Robert Gazdick, Jr., 54, operated his audiovisual equipment rental business under multiple names, including National Technology Rentals, NTL Technology Leasing Services, AV Rental Solutions, and others between 2013 and 2018. During this time, Gazdick withheld payroll taxes from his employees’ paychecks, but failed to file payroll tax returns and failed to pay over the withheld funds to the IRS. In total, Gazdick failed to pay over the IRS approximately $5.35 million of payroll taxes. Additionally, Gazdick, a previously convicted felon, admitted to possessing a firearm recovered from his business office.
As part of the plea agreement, Gazdick agreed to pay more than $200,000 in restitution for premiums he failed to pay for health insurance provided to his employees.
He faces a maximum penalty of five years imprisonment on the tax offense and 10 years of imprisonment on the firearm offense when sentenced on Oct. 18.