
A Texas adult care center that was heavily relied on by the community of Abilene has been shut down after operators failed to pay an outstanding tax lien. The Internal Revenue Service filed a lien against the property after almost $140,000 in payroll taxes and penalties were not paid.
The Abilene News Reporter says that the care center and its assets will now be sold off to pay for the debt. Twenty-five adults received regular assistance from Abilene Adult Day Care, which opened in 1975. Among the patrons are handicapped and elderly citizens that require constant attention.
"Our mail-out campaigns have not been bringing in what they used to," Abilene Adult Day Care board president Sheryl Koltermann told the paper. "We have been hoping and hoping something would happen and we would be able to catch up [on the tax debt], but we haven't been able to."
The IRS files liens against individuals or organizations that fail to file and pay taxes in a timely manner. All U.S. citizens are required to report their earnings and assets to the IRS annually.
Related Articles
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.
=== More Tax News ===