Government: Fitzgerald Now Owes $83 Million in Back Taxes

773118

{"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“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\nRead more: https://www.ttnews.com/articles/government-fitzgerald-now-owes-83-million-back-taxes\"","videos":"[]","link":"{}","pics":"[]","canComment":true}