Government: Fitzgerald Now Owes $83 Million in Back Taxes

613662

{"text":"\"Attorneys for the U.S. Department of Justice have filed a counterclaim against Fitzgerald Truck Parts and Sales, adjusting the sum the glider truck maker owes the IRS to $83 million from $64 million for not collecting a 12% excise sales taxes on retail glider sales dating to 2012.\n\n\n“Statutory additions have accrued, and will continue to accrue, as a matter of law, on the unpaid portion of the assessments,” government attorneys said in a response to allegations contained in a lawsuit filed by Fitzgerald earlier this year.\n\nThe updated amount assessed is effective through Feb. 18 and includes taxes and penalties assessed by the IRS for Fitzgerald’s failure to collect the tax from glider tractor-trailer purchasers and forward it to the IRS, the government said.\n\nFederal prosecutors made their counterclaim in a court document filed July 29 in response to claims by Fitzgerald that it was exempt from collecting the tax. The company alleged it was being targeted by the IRS, which it said has not assessed excise taxes against all dealers who sold gliders during the relevant tax periods.\n\nRead more: https://www.ttnews.com/articles/government-fitzgerald-now-owes-83-million-back-taxes\"","videos":"[]","link":"{}","pics":"[]","canComment":true}

620163

{"replyTo":"","text":"the government just wants to shut down the glider industry","replyToPid":0}

723808

{"replyToPid":0,"replyTo":"","text":"If they owe that much money that means they made a lot of money.  i don't think anyone feels sorry for them.  Love your fake site just to try to draw people for advertisement."}