Al Sharpton’s tax troubles

May 10, 2008

The Rev. Al Sharpton usually isn’t one to shy away from attention, but no one likes it when the added interest comes from tax collectors.

Al_sharpton_2
The Associated Press reports that it has obtained government records indicating that
Sharpton and his business entities owe nearly
$1.5 million in overdue
taxes and penalties.

Sharpton’s personal debts include $365,558 in New York City income tax
and $931,397 in federal income tax, according to an IRS lien filed last spring. Sharpton’s for-profit company, Rev.
Al Communications, owes New York state another $175,962 in delinquent taxes.

According to the wire service, the U.S. Attorney also is investigating Sharpton’s National Action Network. Lawyers for the nonprofit group have been negotiating with the
feds over the size of the debt, as well as trying to pay off tens of thousands of dollars owed for failing to properly maintain workers compensation and
unemployment insurance.

This is not the first time Sharpton has tangled with the tax man.

In
1990, he was acquitted of tax fraud and charges that he stole from one
of his charities. He followed that up with what was essentially another
victory in a tax case by pleading guilty to a misdemeanor charge of
failing to file a state return.

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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