BOCA RATON MAN PLEADS GUILTY TO TAX CHARGE

James H. Batmasian, 61, of Boca Raton, Fla., pleaded guilty to one count of willfully failing to collect and pay employment taxes of employees for his Boca Raton company. As part of the plea, Batmasian admitted that he failed to collect and pay more than $253,513 in FICA taxes from 2001 2003. Batmasian also agreed to pay prior to sentencing the outstanding taxes and to file amended tax returns with the IRS for the years 2001 to 2003.

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Tags: delinquent tax, IRS back taxes, IRS debt, James H. Batmasian

This entry was posted on Monday, May 19th, 2008 at 9:52 am and is filed under IRS Times and Inquirer. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.