Listen Live
St Jude banner
CLOSE

Being an ally to President Obama hasn’t prevented Rev. Al Sharpton from getting sanctioned by the IRS. It seems Sharpton and his various profit and nonprofit organizations owe millions of dollars in back taxes.

Here’s what the New York Times is reporting as a result of an investigation it did on Sharpton’s finances.

1. He owes more than $4.5 million in current state and federal taxes on his personal income and his for-profit companies, Raw Talent and Revals Communications. Sharpton has more than $3 million in personal federal tax liens and state tax liens of $777,657. Raw Talent owes a combined $717,329 on state and federal tax liens.

2. His nonprofit National Action Network (NAN) also failed to pay federal payroll taxes. NAN’s tax liability grew from $900,000 in 2003 to nearly $1.9 million by 2006. It also took on a questionable role during Sharpton’s 2004 run for the presidency, which may have violated FEC regulations.

Read more of this story at http://blackamericaweb.com/2014/11/19/ny-times-al-sharpton-delinquent-on-4-5m-in-tax-payments/