IRS files tax lien against New York firm
The Internal Revenue Service filed a tax lien totaling $580,666 against Patricia Lynch Associates, a popular lobbying firm in New York. Lynch failed to file payroll taxes, according to the latest reports. The IRS caught onto her after she spent nearly $1 million on legal fees to fend off a probe by Attorney General Andrew Cuomo.
The Internal Revenue Service filed a tax lien totaling $580,666 against Patricia Lynch Associates, a popular lobbying firm in New York. Lynch failed to file payroll taxes, according to the latest reports. The IRS caught onto her after she spent nearly $1 million on legal fees to fend off a probe by Attorney General Andrew Cuomo.
The New York Daily News says that since the story broke, Lynch has not been available for comment. Firm spokesman Darren Dopp told the paper that the payroll taxes that were unfiled date back to 2009. He would not confirm, however, that the taxes were not reported because company money was diverted by Lynch to her lawyers.
"There was an unexpected expense in 2009 and the matter is now being resolved," Dopp said. "Her expectation is it will be resolved by the spring."
Tax evasion is considered a federal crime in the United States. Those who are found guilty may be ordered to pay restitution to the IRS for the owed money. The government relies on the revenue to fund a number of public programs, including Social Security.
Related Articles
- California man charged with tax evasion after creating internet start-up scam -- Tax evaders are finding new and intricate ways to cheat the system as is evidenced in the recent sentencing of a California man on charges of evading federal income taxes.
- Internal Revenue Service warns of tax fraud committed via email -- Predatory individuals who are constantly looking for ways to dodge income taxes and increase refunds are facing further resistance from the Internal Revenue Service.
- Employees of a Gary, Indiana, tax preparation company charged with alleged tax fraud -- Consumers looking to tax preparers for their filing purposes may want to think twice, as reports of fraudulent tax preparation services continue to surface.
These articles are all written by TaxLawHome.com's great editors and contributors. If you would like to write articles for TaxLawHome.com, please email editor[at]taxlawhome.com.
- Back Taxes
- Wage Ganishments
- IRS Settlement
- Tax Settlement in your State
- Tax Professionals
- Tax Law Blog
- Tax Law News
- Federal Income Tax for Members of the Armed Forces
- Self Employed Individual and Income Tax
- Federal income tax significant events, Part 10 – Death
- California man charged with tax evasion after creating internet start-up scam 07/11/2011
- Internal Revenue Service warns of tax fraud committed via email 07/11/2011
- Employees of a Gary, Indiana, tax preparation company charged with alleged tax fraud 07/11/2011
- Atlanta man sentenced to prison for stealing identities, filing false tax returns 07/08/2011
- East Bay prison inmate charged in tax fraud scheme, receives more prison time 07/08/2011
=== More Tax News ===
- Home
- Back Taxes
- Tax Liens
- IRS Settlement
- IRS Installment Plan
- Wage Garnishment
- OIC
- Tax Professionals
- Tax Blog
ATTORNEY ADVERTISEMENT NOTICE: TaxLawHome.com is a pooled advertisement. TaxLawHome.com is not a lawyer referral service. Subscribers appearing on TaxLawHome.com have paid an online advertising fee. Use of this Service is not intended to and does not create an attorney-client relationship between a Subscriber and any Requestor. TaxLawHome.com is not a law firm. The information contained on TaxLawHome.com is not legal advice. The subscribers listed do not in any way constitute a referral or endorsement by this website.
Copyright 2012 LeadRival.com.All Rights Reserved