Home United States USA — Political U.S. senator sued by IRS agrees to pay back $5,000,000 in taxes

U.S. senator sued by IRS agrees to pay back $5,000,000 in taxes

26
0
SHARE

Claimed in October that the allegations were ‘more of a political move’ and it’s a scenario ‘big companies deal with all the time’
Republican West Virginia Sen. Jim Justice and his wife Cathy Justice agreed to pay more than $5 million in unpaid income taxes stretching back to 2009, per the Internal Revenue Service (IRS).
The agreement was inked hours after attorneys for the Department of Justice’s (DOJ) Tax Division filed a lawsuit in the U.S. District Court for the Southern District of West Virginia for $5,164,739.75, according to Monday court filings. The debt Justice and his wife owe consists of federal income taxes, penalties, interest and statutory additions that have accrued from the 2009 tax period.
All parties agreed to a joint motion which stated the full amount must be paid in addition to statutory interest, but failed to specify when the payments must be completed.

Continue reading...