With Tax season now behind us I thought this little news article was interesting.
Earlier this week, it was reported by The Nashville Post that The Internal Revenue Service filed a lien against Gibson Guitar Corp. for $445,994 in unpaid corporate and payroll taxes dating back to 2006.
The lien, filed with the Davidson County Register of Deeds, shows Gibson with unpaid 2006 payroll taxes totaling $3,350 and two years of corporate income taxes of $442,644 from 2007 and 2008.
The company released the following statement:
Gibson Guitar Corp., received Notice that a Tax lien has been filed against the company by the IRS.
This tax lien is associated with certain penalties and interest claimed due, but unpaid for the companys tax period of 2006 to 2008. Gibson Guitar believes these returns prepared by the companys previous outside independent tax and auditing firm, contained multiple errors which resulted in delayed payment for taxes due for each of these periods. The company is currently amending each of these returns and believes that once amended returns are filed, substantial tax refunds will be due and that any penalties or interest claimed due will be abated. The company was already in communication with the IRS on this issue and is confident this will be resolved shortly.