1. May 01, 2024

    Family Trust Asks Justices To Review $16.2M Tax Row

    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.

  2. April 24, 2024

    Court Pauses Order To Sell Office Park In $16M Tax Battle

    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.

  3. February 05, 2024

    3rd Circ. Upholds Property Sale In $16M Tax Row

    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.

  4. January 04, 2023

    Liens Apply To NJ Properties In $16M Tax Row, Court Says

    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. 

  5. March 29, 2022

    Court Allows Lien On Company Property In $16M Tax Suit

    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.

  6. March 18, 2019

    2 Trusts Can't Dismiss Foreclosure Threat In $16M Tax Case

    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.

  7. February 13, 2019

    Trusts Say They're Not Nominees, Want Out Of $16M Tax Row

    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.

  8. October 19, 2018

    NJ Man Who Owes $16M In Tax Tried To Dodge Liens, DOJ Says

    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.