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Thursday, September 30, 2010

Al Sharpton owes more than a half million dollars in taxes from last year

Al Sharpton is fending off Uncle Sam again after the IRS took legal action claiming he owes more than a half million dollars in taxes from last year.

The IRS slapped Sharpton with a lien saying he owes an estimated $538,652, the Detroit News reported.

But Sharpton disputed the accuracy and significance of the lien. The civil-rights leader said he was granted an extension until Oct. 15 to file his 2009 tax return .

He said the IRS can't assess what he owes from last year without knowing his income and deductions.

Sharpton -- who in 2008 reached an agreement to settle previous tax woes with the IRS -- said the lien was filed as a "precautionary" measure.

"I'm going to file and pay in full," he said. (Source)

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