RIAD KABAKIBI VS. RAMESH SARVA, C.P.A. (L-9757-14, BERGEN COUNTY AND STATEWIDE)

CourtNew Jersey Superior Court Appellate Division
DecidedOctober 24, 2019
DocketA-2795-17T2
StatusUnpublished

This text of RIAD KABAKIBI VS. RAMESH SARVA, C.P.A. (L-9757-14, BERGEN COUNTY AND STATEWIDE) (RIAD KABAKIBI VS. RAMESH SARVA, C.P.A. (L-9757-14, BERGEN COUNTY AND STATEWIDE)) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
RIAD KABAKIBI VS. RAMESH SARVA, C.P.A. (L-9757-14, BERGEN COUNTY AND STATEWIDE), (N.J. Ct. App. 2019).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-2795-17T2

RIAD KABAKIBI and LAMA KABAKIBI, Husband and Wife, and RIAD KABAKIBI, M.D., P.A.,

Plaintiffs-Appellants,

v.

RAMESH SARVA, C.P.A., RAMESH SARVA, C.P.A., P.C., and MICHAEL W. FRANK, F.S.A., M.A.A.A.,

Defendants-Respondents. ____________________________

Argued September 9, 2019 – Decided October 24, 2019

Before Judges Fasciale, Moynihan and Mitterhoff.

On appeal from the Superior Court of New Jersey, Law Division, Bergen County, Docket No. L-9757-14.

Jannat Nalwa argued the cause for appellants (Piekarsky & Associates, LLC, attorneys; Scott B. Piekarsky and Jannat Nalwa, on the briefs). Kenneth B. Falk argued the cause for respondents (Falk & Flotteron, LLC, attorneys; Kenneth B. Falk and Jacob Davidson, on the brief).

PER CURIAM

Plaintiffs Riad Kabakibi and Lama Kabakibi appeal from an order for

judgment dismissing with prejudice their complaint alleging professional

malpractice against their accountant, defendant Ramesh Sarva and from the

denial of their motion for a new trial. Plaintiffs argue the trial court erred by

denying their motion for a new trial and committed trial errors by: failing to set

forth findings of fact and conclusions of law in its decision following a bench

trial; finding plaintiffs committed tax fraud; failing to find defendant negligently

advised them regarding a defined benefit plan (the plan) into which plaintiffs

transferred real estate, and that defendant was responsible for the damages—

taxes, penalties and interest charged by the Internal Revenue Service (IRS) after

an audit of plaintiffs' returns from 2008 through 2011—which plaintiffs incurred

as a result of defendant's negligent preparation of plaintiffs' personal and

corporate tax returns for Riad's 1 medical practice and inclusion of the improper

real-estate contributions to the plan. Because we agree that the trial court erred

1 At times, we refer to the Kabakibis by their given names for purposes of clarity; we mean no familiarity or disrespect by so doing. A-2795-17T2 2 by failing in its written decision to set forth its analysis, correlating its findings

of facts to the applicable legal principles, consequently supplying ample support

to grant plaintiffs' motion for a new trial, we reverse and remand.

In its eight-page written decision following a three-day bench trial, the

trial court said it would "deal with the first two audit issues raised in the [IRS]

auditor's report," then went on to list five

items, which increased corporate income in the years in question[:] 1) [a]dditions to income of [the professional corporation] from monies diverted by Lama; 2) [d]isallowed deductions for rent; 3) [d]isallowed expenses from [the professional corporation] that was [sic] never paid; 4) [i]mproper contributions to [the plan] from a real estate transfer; 5) [d]isallowed automobile expenses.

The court then divided its decision into three parts: Diverted Income,

Deductions and Pension Plan Deductions.

Under the heading "Diverted Income," the court concluded plaintiffs

"wrongfully took" almost $684,000, which the IRS auditor determined was

income to the professional corporation, and deposited it in accounts in their

individual names in what the court described as part of "a large and willful

evasion of paying appropriate taxes." The court found "[p]laintiffs had eight

1099s for the two accounts where the diverted money went" and "[n]one were

A-2795-17T2 3 ever presented to [defendant]" showing plaintiffs purposely hid their diversion

from defendant.

The trial court labeled plaintiffs' deductions for rent and repair expenses

"clear tax evasion," finding Lama told the IRS auditor plaintiffs owned the

building in which the medical practice was located so no rent was paid, "the

utility and the repair expenses were not used for the [professional corporation]

but instead for other properties" plaintiffs owned, and that equipment rental

expenses were "arguable at best." The court determined, "Lama, by offering no

opposition to issues in audit's [sic] disallowed deductions, was conceding that

her conduct was wrongful" and "there was no attempt to prove that these

additions to income or deductions, which the auditor disallowed, are

defensible."

Lastly, the trial court considered evidence relating to the plan and

deductions for contributions of real estate in 2008 and 2009 which the auditor—

who did not testify—ruled improper. The trial court concluded the IRS "auditor

made comments regarding [the plan] but at no time gave any indication that

there was anything wrong with [it]. The plan had been approved by the IRS."

The court deemed defendant's testimony

strong evidence that [the plan], for which he listed a deduction and which was approved by the IRS, was

A-2795-17T2 4 proper. He testified that such a plan never created an issue for over 150 clients of his. The auditor's reason for disallowing [the plan] contributions was that there was no cash contributions by the corporation and that [the] transfer was not permitted.

The court found that plaintiffs' expert Frank Brunetti2 "cleared up the issue" by

testifying the 2008 contribution was disallowed because it was not a contribution

by the professional corporation, but from a separately owned limited liability

company that owned the contributed real estate. The court found "no testimony

or evidence that the auditor was concerned with no compensation showed on the

11403 of the [professional corporation]." In addressing the 2009 contribution to

the plan, the trial court found it was "disallowed solely because [the professional

corporation] did not follow [defendant's] instructions in contributing to the

payment plan as directed." The court also found plaintiffs' experts, Jay Soled

and Brunetti "gave testimony, hinting but never stating, that the [p]lan was

improper." The court then rejected Soled's opinion that the plan "deductions

were the cause, in any way, of the audit [sic]," and found the "audit was caused

2 We note the trial court, at times, referred to Brunetti as Burnetti. 3 Plaintiffs contend the trial court's reference to form 1140 is erroneous because the correct designation of the form is 1120. A-2795-17T2 5 by the conduct of the [p]laintiffs in diverting [almost $684,000] of corporate

income."

Our review of "the findings and conclusions of a trial court following a

bench trial are well-established." Allstate Ins. Co. v. Northfield Med. Ctr., P.C.,

228 N.J. 596, 619 (2017). While we review the trial court's interpretation of law

de novo, Manalapan Realty, L.P. v. Twp. Comm. of Manalapan, 140 N.J. 366,

378 (1995), normally:

[W]e give deference to the trial court that heard the witnesses, sifted the competing evidence, and made reasoned conclusions.

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RIAD KABAKIBI VS. RAMESH SARVA, C.P.A. (L-9757-14, BERGEN COUNTY AND STATEWIDE), Counsel Stack Legal Research, https://law.counselstack.com/opinion/riad-kabakibi-vs-ramesh-sarva-cpa-l-9757-14-bergen-county-and-njsuperctappdiv-2019.