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News Clash

Actor Stephen Baldwin arrested for failing to file personal income tax returns

Thursday, Dec. 6, actor Stephen Baldwin was arrested in New York on felony charges. The charges stem from his failure to file his personal income tax returns.

According to the Rockland County District Attorney, Baldwin, 46 failed to file his taxes for three years. Baldwin never filed his taxed in the years 2008, 2009, and 2010. According to the DA, Baldwin could end up owing $350,000 in penalties and interest.

The Rockland County DA, Thomas P. Zugibe stated, “At a time when Rockland County and New York State face severe fiscal shortfalls, we cannot afford to allow wealthy residents to break the law by cheating on their taxes.”

“The defendant’s repetitive failure to file returns and pay taxes over a period of several years contributes to the sweeping cutbacks and closures in local government and in our schools. My office will continue to investigate and prosecute those who cheat our tax system for their personal gain.”

In 2009, Stephen Baldwin filed for Chapter 11 bankruptcy. At that time, Stephen and his wife Kennya Baldwin had two mortgages in 2009 that they owed $1.2 million, more than $1 million in taxes and a whopping $70,000 to credit card companies.

Read more at examiner.com