March 06, 2025
A New Jersey property owned by a man who owes $16.2 million in taxes should be foreclosed on and sold to pay his debt, the U.S. government said Thursday, arguing that a property easement no longer restricts it from a sale.
May 01, 2024
A family trust established by grandparents for their five grandchildren asked the U.S. Supreme Court to review a Third Circuit ruling finding the trust was the nominee of an adult son with $16.2 million in tax liabilities, saying the decision stands to upset estate planning norms.
April 24, 2024
A New Jersey federal court paused its order allowing the U.S. government to sell a family trust's office park to satisfy a trustee's $16.2 million tax debt Wednesday, giving the family time to appeal a decision approving the sale to the U.S. Supreme Court.
February 05, 2024
A family trust's New Jersey office park was properly sold off by the government to satisfy the $16.2 million tax debt of a trustee, the Third Circuit ruled Monday, finding the trustee substantially controlled the property even though he didn't hold the title.
January 04, 2023
Tax liens assessed by the IRS in its efforts to collect a man's $16.2 million in taxes can be applied to two New Jersey properties, a federal court ruled, finding that they effectively belonged to him for purposes of the liens.
March 29, 2022
The U.S. government can place a lien on a company's property to collect a man's $16.2 million tax debt because the government sufficiently alleged the company was acting on his behalf, a New Jersey federal court said Tuesday.
March 18, 2019
Two family trusts can't dismiss a $16 million tax deficiency case brought by the federal government that could result in foreclosure of their properties, a New Jersey federal judge found on Monday.
February 13, 2019
Two trusts have asked a New Jersey federal court to dismiss them from a $16 million tax case against a local resident, saying they are not his nominees and shouldn't be subject to the U.S.'s collection efforts.
October 19, 2018
A New Jersey man who owes more than $16 million in taxes has concealed his ownership of multiple properties to evade federal tax liens on them, according to a complaint filed recently by the U.S. government.