The U.S. government is claiming that Stephen Moore, President Trump’s pick to serve on the Federal Reserve Board, owes more than $75,000 to the IRS, according to court records.
A lien was entered against Moore in January 2018 for unpaid taxes from the 2014 tax year and additional taxes and penalties that may accrue. The unpaid balance was $75,328.80, according to a filing in circuit court in Montgomery County, Md.
A court clerk told The Guardian that Moore hasn’t yet satisfied the claim.
Moore told The Guardian that he disputed the IRS’s claim but was hoping to reach an agreement with the agency.
“For several years I have been working through a dispute with the IRS, attempting to be returned what my attorneys and accountant believe were tax overpayments of tens of thousands of dollars,” Moore said in a statement to the news outlet.
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Trump's pick to lead the Fed owes over $75,000 to IRS in unpaid taxes: government https://t.co/ppSVAPefgd pic.twitter.com/c6QdNPW2dj
— The Hill (@thehill) March 28, 2019
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