Edward J. Sodlosky, a 72-year-old certified public accountant from Middlebury, was sentenced on April 14 to three months in prison and one year of supervised release for tax evasion, according to David X. Sullivan, United States Attorney for the District of Connecticut. U.S. District Judge Victor A. Bolden also ordered Sodlosky to pay a $50,000 fine.
The case highlights the enforcement of federal tax laws and the consequences faced by individuals who attempt to conceal income from the Internal Revenue Service. The U.S. Attorney’s Office prosecutes federal crimes and manages civil cases for the United States in Connecticut as part of its mandate according to its official website.
Court documents show that between 2016 and 2022, Sodlosky operated Edward J. Sodlosky, Certified Public Accountant (EJS-CPA) in Naugatuck and filed joint income tax returns with his spouse while also handling partnership returns for an entity called FinGLTD. During this period, he cashed more than 2,000 client payment checks to hide business receipts from EJS-CPA’s bank accounts and failed to report them on his tax returns.
Sodlosky deposited these funds into various business, personal, and nominee accounts under his control—maintaining at least fifteen different bank accounts—to avoid paying taxes on $1,379,694 in additional income. This scheme resulted in a government tax loss of $422,720; while he has paid this amount back to the IRS, substantial interest and penalties remain due.
Sodlosky pleaded guilty to tax evasion on November 19, 2025. He is currently released on a $50,000 bond but must report to prison on May 27.
The U.S. Attorney’s Office serves all of Connecticut with locations in New Haven, Hartford and Bridgeport; it employs about sixty-eight assistant attorneys and fifty-seven support staff members according to its official website. The office operates under the Department of Justice as one of the oldest prosecutorial offices established in 1789 according to its official website. It advances justice initiatives intended to enhance quality of life for residents statewide according to its official website.
