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Old 12-05-2012, 07:12 PM   #26
ChiefsandO'sfan ChiefsandO'sfan is offline
Alex Smith
 
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Join Date: Feb 2009
Casino cash: $1451541
Now if he can get Sharpton 2 just pay his taxes he's got something.


Tax issues

On May 9, 2008 the Associated Press reported that Sharpton and his businesses owed almost $1.5 million in unpaid taxes and penalties. Sharpton owed $931,000 in federal income tax and $366,000 to New York, and his for-profit company, Rev. Al Communications, owed another $176,000 to the state.[9]

On June 19, 2008 the New York Post reported that the Internal Revenue Service had sent subpoenas to several corporations that had donated to Sharpton's National Action Network. In 2007 New York State Attorney General Andrew Cuomo began investigating the National Action Network, because it failed to make proper financial reports, as required for non-profits.[87] According to the Post, several major corporations, including Anheuser-Busch and Colgate-Palmolive, have donated thousands of dollars to the National Action Network. The Post asserted that the donations were made to prevent boycotts or rallies by the National Action Network.[88]

Sharpton countered the investigative actions with a charge that they reflected a political agenda by United States agencies.[89]

On September 29, 2010 Robert Snell of The Detroit News reported that the Internal Revenue Service had filed a notice of federal tax lien against Sharpton in New York City in the amount of over $538,000.[90] Sharpton's lawyer asserts that the notice of federal tax lien relates to Sharpton's year 2009 federal income tax return, the due date of which has been extended to October 15, 2010, according to the lawyer. However, the Snell report states that the lien relates to taxes assessed during 2009
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