Exhibit - United States v. Carolyn Denise Wade (Doc. 201-14, filed 2024-11-05)

Summary

Filed as Document 201-14 in Case 0:23-cr-60173-KMW and entered on the FLSD docket on November 5, 2024, this 16-page exhibit reproduces the 2019 Form 1120-S, U.S. Income Tax Return for an S Corporation, of Wade Funeral Home, LLC of Hallandale, FL. A May 26, 2021 cover letter from Daniela Parisi Perez of Perez Accounting Services says the return was prepared from information the client provided, will be filed electronically, and has no payment due. The IRS e-file signature authorization (Form 8879-S, in whole dollars) shows gross receipts or sales of 345,359 and ordinary business income of 9,853. Form 1125-A reports cost of goods sold of 165,339 for funeral costs and supplies, and a continuation statement lists other deductions totalling 136,228, including outside services of 49,354 and insurance of 28,444. The pages are numbered 23-60173-CR_006315 to 23-60173-CR_006330.

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Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 1 of
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Perez Accounting Services
3107 Stirling Road, Ste. 205
Ft Lauderdale, FL 33312
(954) 925-1630

daniela@perezaccounting.com

May 26, 2021

Wade Funeral Home, LLC
315 West Pembroke Road
Hallandale, FL 33009

Dear Client,
We have prepared and enclosed your 2019 Form 11208, U.S. Income Tax Return for an $

Corporation for Wade Funeral Home, LLC for the tax year ending December 31, 2019.

We prepared your returns based on the information you provided us. Please review the
returns carefully to ensure that there are no omissions or misstatements of material facts.

Your 2019 Form 11208, U.S. Income Tax Return for an S Corporation for Wade
Funeral Home, LLC will be electronically filed.
No payment is due with this return.

No payment is required. There is an overpayment of $0 which will be applied to next
year's return.

EXHIBIT

CASE

NO, 23-60173-CR-williams

EXHIBIT

23-60173-CR_006315
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23-60173-CR_006316
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 3 of
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We appreciate this opportunity to serve you. If you have any questions, please contact
us.

Sincerely,

Daniela Parisi Perez

23-60173-CR_006317
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 5 of

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Form 1120-S (2019) Page 2
See is} Other information (see instructions)
Check accounting method: a [X]Cash b [J Accrual Yes | No

c [] Other (specify) >
2 See the instructions and enter the:
a Business activity > Funeral Home b Product or service P Service
3 At any time during the tax year, was any shareholder of the corporation a disregarded entity, a trust, an estate, or a
nominee or similar person? If “Yes,” attach Schedule B-1, information on Certain Shareholders of an S Corporation .
4 At the end of the tax year, did the corporation:
a Own directly 20% or more, or own, directly or indirectly, 50% or more of the total stock issued and outstanding of any
foreign or domestic corporation? For rules of constructive ownership, see instructions. If “Yes,” complete ()) through (v)

(i) Name of Corporation (ii) Employer (ill) Country of (Iv) Percentage of | (v) If Percentage in (lv) |s 100%, Enter
Identification Incorporation Stock Owned the Date (if any) a Qualified Subchapter
Number (if any) $ Subsidiary Election Was Made

b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in the profit, loss, or
capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficlal interest of a
trust? For rules of constructive ownership, see instructions. If “Yes,” complete (|) through (v) below . ; og e 8

{i} Name of Entity (ii) Employer (ili) Type of Entity {iv) Country of (v} Maximum Percentage Owned
Identification Organization in Profit, Loss, or Capital
Number (if any)

5a_ At the end of the tax year, did the corporation have any outstanding shares of restricted stock?

lf “Yes,” complete lines (/) and (ii) below.
{ii) Total shares of non-restricted stock . . . . rn J

b At the end of the tax year, did the corporation have any usstsietng stock options, warrants, or similar instruments?
If “Yes,” complete lines (i) and (ii) below.
(i) Total shares of stock outstanding at the end of the tax year . >
{ii} Total shares of stock outstanding if all instruments were executed >

6 Has this corporation filed, or is it required to file, Form 8918, Material Advisor Disclosure Statement, to provide
information on any reportable transaction? eR %o8 ® © w &

7 ~~ Check this box if the corporation issued publicly offered debt ineiruntents with crtatnal t issue edlesount ccna = RL
if checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue Discount
Instruments.

8 If the corporation (a) was a C corporation before it elected to be an S corporation or the corporation acquired an asset with a
basis determined by reference to the basis of the asset (or the basis of any other property) in the hands of a C corporation and
(b) has net unrealized built-in gain in excess of the net recognized built-in gain from prior years, enter the net unrealized built-in
gain reduced by net recognized built-in gain from prior years. Seg instructions. . . . . . BS

9 _ Did the corporation have an election under section 163()) for any real property trade or business or any farming business
in effect during the tax year? See instructions. . . ton ee

10 Does the corporation satisfy one or more of the following? See instructions
a _ The corporation owns a pass-through entity with current, or prior year carryover, excess ; business interest « expense.
b The corporation’s aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years
preceding the current tax year are more than $26 million and the corporation has business interest expense.
c The corporation is a tax shelter and the corporation has business interest expense,
If “Yes,” complete and attach Form 8990.
11 Does the corporation satisfy both of the following conditions? F
a The corporation’s total receipts (see instructions) for the tax year were less — $250, 000,
b The corporation’s total assets at the end of the tax year were less than $250,000,
If “Yes,” the corporation is not required to complete Schedules L and M-1.

Form 1 120-S (2019)

REV 06/30/20 PRO

23-60173-CR_006319
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 9 of

Form 1 1 25-A

(Rev. November 2018)

16

Cost of Goods Sold

OMB No. 1545-0123

> Attach to Farm 1120, 1120-C, 1120-F, 1120S, or 1065.

Penerneni oy te. Soren > Go to www.irs.gov/Form1 125A for the latest information.
Name Employer identification number
Wade Funeral Home, LLC 45-2369447
1 = Inventory at beginning of year 1
2 Purchases . 2
3 Cost of labor - 3
4 Additional section 263A costs stanach scheckia) 4
5 Other costs (attach schedule) Funeral Costs & Supp] 1 es, 5 165,339
6 Total. Add lines 1 through 5 . 6 165,339
7 Inventory at end of year . oom aoe 4 : ' 7
8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or the
appropriate line of your tax return. See instructions . , 8 dk € © Bw we & w 8 165,339
Qa _ Check all methods used for valuing closing inventory:
() [J Cost
(ii) (J Lower of cost or market
(iii) C] other (Specify method used and attach explanation.) >
b Check if there was a writedown of subnormal goods ; ei 8 RN Oo
c Check if the LIFO inventory method was adopted this tax year ere any _— (if chacitad, tne Feith 970) caeaas wid
d_ If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed
under LIFO . an | 9a | |
ef property is produced or ‘coon 1a reehe, i the ries of section 263A spl to the entity? Gos inatructions (J Yes [] No
f Was there any change in steoetelis sain cost, or valuations between anetine and aiciaaies aiid lf “Yes,”
attach explanation : oo ex ew & » owe Yes [1 No

Section references are to the Internal
Revenue Code unless otherwise noted.

What's New

Small business taxpayers. For tax years
beginning after December 31, 2017, the
following apply.

* A small business taxpayer (defined
below), may use a method of accounting for
inventories that either: (1) treats inventories
as nonincidental materials and supplies, or
(2) conforms to the taxpayer's financial
accounting treatment of inventories.

¢ A small business taxpayer is not required
to capitalize costs under section 263A.

General Instructions

Purpose of Form

Use Form 1125-A to calculate and deduct
cost of goods sold for certain entities.

Who Must File

Filers of Form 1120, 1120-C, 1120-F,
1120S, or 1065, must complete and attach
Form 1125-A if the applicable entity reports
a deduction for cost of goods sold.

Inventories

Generally, inventories are required at the
beginning and end of each tax year if the
production, purchase, or sale of

merchandise is an income-producing
factor. See Regulations section 1.471-1. If
inventories are required, you generally
must use an accrual method of accounting
for sales and purchases of inventory items.

Exception for certain taxpayers. A small
business taxpayer (defined below), can
adopt or change its accounting method to
account for inventories in the same manner
as material and supplies that are non-
incidental, or conform to its treatment of
inventories in an applicable financial
statement (as defined in section 451 (b)(3),
or if it does not have an applicable financial
statement, the method of accounting used
in its books and records prepared in
accordance with its accounting
procedures. See section 471 (c)(3).

A smail business taxpayer claiming
exemption from the requirement to keep
inventories is changing its method of
accounting for purposes of section 481.
For additional guidance on this method of
accounting, see Pub. 538, Accounting
Periods and Methods. For guidance on
changing to this method of accounting, see
Form 3115 and the Instructions for Form
3115.

Small business taxpayer. A small
business taxpayer is a taxpayer that (a) has
average annual gross receipts of $25
million or less (indexed for Inflation) for the
3 prior tax years, and (b) is not a tax shelter
(as defined in section 448(d)(3)). See Pub.
638.

Uniform capitalization rules. The uniform
capitalization rules of section 263A
generally require you to capitalize, or
include in inventory, certain costs incurred
in connection with the following.

® The production of real property and
tangible personal property held in inventory
or held for sale in the ordinary course of
business.
© Real property or personal property
(tangible and intangible) acquired for resale.
® The production of real property and
tangible personal property for use in its
trade or business or in an activity engaged
In for profit.

A small business taxpayer (defined
above) is not required to capitalize costs
under section 263A. See section 263A\(i).

See the discussion on section 263A
uniform capitalization rules in the
instructions for your tax return before
completing Form 1125-A. Also see
Regulations sections 1,263A-1 through
1.263A-3. See Regulations section
1.263A-4 for rules for property produced in
a farming business,

For Paperwork Reduction Act Notice, see instructions, BAA

REV 06/30/20 PRO | Form 1125-A (Rev. 11-2018)

23-60173-CR_006323
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 11 of

Schedule K-1 (Form 1120-8) 2019

16

Page 2

This list identifies the cades used on Schedule I-1 for all shareholders and provides summarized reporting information for shareholders who file Form 1040
or 1040-SR. For detailed reporting and filing information, see the separate Shareholder’s Instructions for Schedule K-1 and the Instructions for your income
tax return,

Ordinary business Income {loss). Determine whether the income (loss) is
passive or nonpassive and enter on your retum as follows:

Passive loss
Passive income
Nonpassive loss
Nonpassive income

Report on

See the Shareholder’s Instructions
Schedule E, line 28, column (h)
See the Shareholder’s Instructions
Schedule E, line 28, column (i)

2. Net rental real estate income (loss) See the Shareholder’s Instructions
3. Other net rental income (loss)
Net income Schedule E, line 28, column (h)
Net loss See the Shareholder's Instructions
4. Interest income Form 1040 or 1040-SR, line 2b
5a. Ordinary dividends Form 1040 or 1040-SR, line 3b
Sb. Qualified dividends Farm 1040 or 1040-SR, line 3a
6. Royalties Schedule E, line 4
7. Net short-term capital gain (loss) Schedule D, line 5
8a. Net long-term capital gain (toss) Schedule D, line 12
8b. Collectibles (28%) gain (loss) 28% Rate Gain Worksheet, line 4
(Schedute D instructions)
8c. Unrecaptured section 1250 gain See the Shareholder’s Instructions
9. Net section 1231 gain (loss) See the Shareholder's Instructions
10. Other Income (loss)
Code
A Other portfolio income (loss) See the Shareholder’s Instructions
B Involuntary conversions See the Shareholder's Instructions
G Sec. 1256 contracts & straddles Form 6781, fine 1
D Mining exploration costs recapture See Pub. 535
€ Reserved for future use
F Section 966(a) inclusion 4
G Income under subpart F (other
than inclusions under sectlons See the Shareholder’s instructions
951A and 965)
H Other income (loss) }
41. Section 179 deduction See the Shareholder’s Instructions
12. Other deductions
A Cash contributions (60%) j
B Cash contributions (30%)
© Noncash contributions (60%)
organization (30%)
F Capital gain property (20%)
G Contributions (100%) j
H_ Investment Interest expense Form 4952, line 1
1 Deductions —royalty income Schedule E, line 19
J Section 59(e)(2) expenditures See the Shareholder’s Instructions
K Section 965(c) deduction See the Shareholder's Instructions
L Deductions —portfolio (other) Schedule A, line 16
M Preproductive period expenses See the Shareholder’s Instructions
N Commercial revitalization deduction
from rental real estate activities See Form 8582 Instructions
O Reforestation expense deduction See the Shareholder’s Instructions
P through R Reserved for future use
$ Other deductions See the Shareholder’s Instructions
13. Credits

A Low-income housing credit (section
42(j)(5)) from pre-2008 buildings

from post-2007 buildings

Qualified rehabilitation expenditures
(rental real estate)

Other rental real estate credits
Other rental credits

Undistributed capital gains credit

Biofuel producer credit

J Work opportunity credit

Disabled access credit

L. Empowerment zone employment credit
Credit for increasing research

wn

Low-income housing credit (other)

from pre-2008 buildings

Low-income housing credit (section

42(j)(6)) from post-2007 buildings See the Shareholder’
Low-income housing credit (other) Diearerd sees renolder's

Schedule 3 (Ferm 1040 or 1040-SR), ling
1 % box a

See the Shareholder’s

14,

Code

N Credit for employer social
security and Medicare taxes

© Backup withholding

P Other credits

Foreign transactions
A Name of country or U.S.
possession
B Gross income from all sources
C€ Gross income sourced at
shareholder level
Foreign gross income sourced at corporate level
D Reserved for future use
E Foreign branch category
F Passive category
G General category
H Other
Deductions allocated and apportioned at shareholder level
I Interest expense Form 1116, Part |
J Other Form 1116, Part!
Deductions allocated and apportioned at corporate level to foreign source
income
K Reserved for future use
L. Foreign branch category
M Passive category
N Qeneral category

Report on

See the Shareholder's Instructions

Form 1116, Part!

Form 1116, Part |

Form 1116, Part!

© Other
Other information
P Total foreign taxes paid Form 1116, Part li
Q Total foreign taxes accrued Form 1118, Part li
R Reduction In taxes available for
credit Form 1116, line 12
S Foraign trading gross receipts Form 8873
T Extraterritorlal Income exclusion Form 8873
U Section 965 information See the Shareholder's Instructions
V_ Other foreign transactions See the Shareholder’s Instructions

15. Alternative minimum tax (AMT) items

A Post-1986 depreciation adjustment
B Adjusted gain or loss

C Depletion (other than oil & gas)
D Oil, gas, & geothermal---gross income
E Oil, gas, & geothermal---deductions
F Other AMT items

See the Shareholder's Instructions
and the Instructions for Form 6251

16. Items affecting shareholder basis

A Tax-exempt interest income Form 1040 or 1040-SR, line 2a

B Other tax-exempt income

C Nondeductible expenses

D Distributions

E Repayment of loans from
shareholders

See the Shareholder's Instructions

17. Other information

Form 4952, IIne 4a
Form 4952, line 5

A Investment income
B Investment expenses
€ Qualifled rehabilitation expenditures

(other than rental real estate) See the Shareholder’s Instructions

D Basis of energy property See the Shareholder’s Instructions
E Recapture of low-income housing

credit (section 42()(5)) Form 8611, line &
F Recapture of low-income housing

credit (other) Form 8611, line 8
G Recapture of investment credit See Form 4255
H Recapture of other credits See the Shareholder’s Instructions
1 Look-back interest—completed

long-term contracts See Form 8697

Look-back interest—income

forecast method See Form 8866

J
K_ Dispositions of property with
section 179 deductions
L. Reoapture of saction 179 deduction
M through U
V_ Section 199A information
W through 2
AA Excess taxable income
AB Excess business interest income

See the Shareholder’s Instructions

Reserved for future use

activities j

AC Other information

REV 06/30/20 PRO

} See the Shareholder’s Instructions

23-60173-CR_006325
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 13 of

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OMB No. 1545-0123
corm OO 7 9"§ IRS e-file Signature Authorization for Form 1120-S
> ERO must obtain and retain completed Form 8879-S. 2) 0) 4 9
Department of the Treasury > Go to www.irs.gov/Form8879S for the latest infarmation.
Internal Revenue Service _ |For calendar year 2019, or tax year baginning , 2019, and ending ,20 P
Name of corporation 2 Employer identification number
Wade Funeral Home, LLC 45-2369447
Tax Return Information (Whole dollars only)

1 Gross receipts or sales less returns and allowances (Form 1120-S, linetc) . 2 2 ww, 1 345,359.

3 Ordinary business income (loss) (Form 1120-S, line 21). 2. 2... 2. ee en 3 9,853.

4 Net rental real estate income (loss) (Form 1120-S, Schedule K, line2) . 2... 6. 4

5 __ Income (loss) reconciliation (Form 1120-S, Schedule K, line 18) . . . .. § 9,853.

Declaration and Signature Authorization of Officer (Be sure to get a copy of the corporation's return)

Under penalties of perjury, | declare that | am an officer of the above corporation and that | have examined a copy of the corporation’s
2019 electronic income tax return and accompanying schedules and statements and to the best of my knowledge and belief, it is true,
correct, and complete. | further declare that the amounts in Part | above are the amounts shown on the copy of the corporatian’s
electronic income tax return. | consent to allow my electronic return originator (ERO), transmitter, or intermediate service provider to
send the corporation’s return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the
transmission, (b) the reason for any delay In processing the return or refund, and (¢) the date of any refund. If applicable, | authorize
the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit) entry to the financial
institution account Indicated in the tax preparation software for payment of the corporation’s federal taxes owed on this return, and
the financial institution to debit the entry to this account. To revoke a payment, | must contact the U.S. Treasury Financial Agent at
1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. | also authorize the financial institutions involved
in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve
issues related to the payment. | have selected a personal identification number (PIN) as my signature for the corporation’s electronic
income tax return and, if applicable, the corporation’s consent to electronic funds withdrawal.

Officer's PIN: check one box only

[] | authorize to enter my PIN TTT[LC] as my signature
ERO firm name Don't enter all zeras

on the corporation's 2019 electronically filed income tax return.

[X] As an officer of the corporation, | will enter my PIN as my signature on the corporation's 2019 electronically filed income tax
return.

Officer’s signature > Date > Title > president

eclaei| Gertification and Authentication

ERO’s EFIN/PIN. Enter your six-digit EFIN followed by your five-digit self-selected PIN. is6fola]s[slol3f4a]ilofo]

Don't enter all zeros

| certify that the above numeric entry is my PIN, which is my signature on the 2019 electronically filed income tax return for the
corporation indicated above. | confirm that | am submitting this return in accordance with the requirements of Pub. 3112, IRS e-file
Application and Participation, and Pub. 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for Business
Returns.

ERO's signature > Date >

ERO Must Retain This Form — See Instructions
Don’t Submit This Form to the IRS Unless Requested To Do So

For Paperwork Reduction Act Notice, see instructions. Cat. No. 37252K Form 8879-S (2019)
BAA REV 06/30/20 PRO

23-60173-CR_006327
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 14 of

Form 1120S

QuickZoom to Other Copy

16

199A Statement A Summary

2019

Page 1

1120S, Line 21

PTP
Aggregated
SSTB

PTP
Aggregated
SSTB

Aggregated
SSTB

Shareholder’s share of:

QBI or qualified PTP items subject to shareholder-specific determinations:

Ordinary business inc (loss) . .
Rental income (loss)
Royalty income (loss). .....
Section 1231 gain (loss)... .
Other income (loss). ......
Section 179 deduction
Charitable contributions. . ...
Other deductions
W-2 wages
UBIA of qualified property ....

329,166.

Section 199A dividends ..

Corporation’s Name:

Corporation’s EIN:

Aggregated
SSTB

IPTP
Aggregated
SSTB

PTP
Aggregated
SSTB

Shareholder’s share of:

QBI or qualified PTP items subject to shareholder-specific determinations:

Ordinary business inc (loss) . .
Rental income (loss)
Section 1231 gain (loss) ... .
Other income (loss). ......
Section 179 deduction
Charitable contributions. ....
Other deductions
W-2 wages

UBIA of qualified property ....

Section 199A dividends

spsw9907.SCR 12/14/19
Case 0:23-cr-60173-KMW Document 201-14 Entered on FLSD Docket 11/05/2024 Page 16 of
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Wade Funeral Home, LLC 45-2369447 1

Additional information from your 2019 US Form 1120S: Income Tax Return for S Corp

Form 1120S: S-Corporation Tax Return

Other Deductions Continuation Statement
Description Amount

Accounting 750:
Automobile and truck expense 27 5274:
Bank charges 97.
Credit and collection costs 976.
Dues and subscriptions 1,130.
Insurance 28,444,
Janitorial 1,594.
Meals (50%) 1,506.
Office expense 3,848.
Outside services 49,354.
Parking fees and tolls 645.
Postage 802.
Printing 644.
Utilities 6,509.

Total 136,228.

23-60173-CR_006330


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