The Minnesota Board of Accountancy has revoked the license of Waseca accountant Roger Goetz, finding he was dishonest and negligent in dealing with a client.
Goetz, a certified public accountant, failed to provide several 2009 tax returns for the estate of a client’s deceased father, according to Minnesota Board of Accountancy findings.
According to board documents, events transpired as follows:
It took Goetz more than a year to deliver tax return documents the complainant hired him to complete. The complainant didn’t receive those documents until August 2011.
On Dec. 23, 2009, Goetz requested the complainant wire $115,000 to the trust account of Goetz’s Waseca firm, De Raad & Goetz, so Goetz could pay the estate taxes his client owed the Minnesota Department of Revenue.
More than two years later, the department said it still hadn’t received the estate tax return or payment.
Goetz followed up in April 2012, telling the complainant in a letter that he had submitted the tax return and a check for $116,637 to the revenue department.
The following month the complainant filed the estate tax return and paid the revenue department $137,775 — a figure that included more than $22,000 in interest and penalties. In May 2012 the revenue department confirmed it received the complainant’s payment and tax return, but said it had not received the money Goetz claimed he had sent.
Goetz failed to provide any evidence that the revenue department received the April 2012 check, and didn’t provide any indication of the whereabouts of the money.
On Dec. 11, 2012 the board’s Complaint Committee notified Goetz of the allegations made against him and set a pre-hearing conference for Jan. 17. In the notice, Goetz was advised that he would be held in default if he failed to attend the conference, according to the board documents.
Because Goetz didn’t appear at the January conference, state law allowed the administrative law judge overseeing the proceedings to find the allegations were true and recommended the board “take appropriate disciplinary action against (Goetz’s) Minnesota Certified Public Accountant Certificate.”
Goetz appeared at an April 19 hearing, according to board documents, but didn’t contest the findings or the proposed discipline.
In addition to the revocation, Goetz was ordered to pay a civil penalty of $4,000 by June 18.
Goetz did not return calls for comment.
Goetz and his business are also dealing with a civil suit in Waseca County Court that alleges he stole nearly $50,000 from an Iowa company.
According to court documents, Goetz entered into a business relationship in 2005 with the plaintiff, Francis Rotterman and Waybec, when Goetz approached the business about making a loan to purchase an assisted living building in Red Wing.
The plaintiff entered into an agreement with Goetz to loan the money to purchase the building. Goetz was to repay the loan with interest, according to the complaint.
Goetz allegedly failed to repay the loan. The next court date in May 10.
Reach reporter Jennifer Holt at 837-5446, or follow her on Twitter at @WCNjennifer