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JUDGE UPHOLDS 16-YEAR TAX COLLECTION EFFORT

[vc_row][vc_column][vc_column_text]A federal judge denied an effort by a New York businessman to block collection efforts for tax penalties owed in a 2007 tax fraud case.

Philip Colasuonno, 72, of New Rochelle, New York, has resisted paying his tax obligations for 16 years. He pleaded guilty to his 2007 case and was ordered to pay $781,467 in restitution.

In 2021, the Justice Department filed an action to collect taxes and penalty from Colasuonno that totaled more than $1.7 million.

Colasuonno argued that the lawsuit and the tax lien were not filed in time, but a federal judge ruled that the IRS did not violate the statute of limitations.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][us_image image=”3445″][/vc_column][/vc_row]