Stephen Baldwin Arrested For Not Paying Taxes for 3 Years, Owing $350K

Stephen Baldwin Arrested Tax Evasion

Stephen Baldwin was arrested and released in New York on Thursday and charged with failure to file his state income taxes for three years in a row.

Baldwin owed over $350,000 in taxes plus penalties total for the course of the three years. He failed to pay his taxes for the year of 2008, 2009 and 2010 which is a class “E” Felony, according to Rockland County District Attorney Thomas P. Zugibe and New York State Commissioner of Taxation and Finance Thomas H. Mattox.

His lawyer, Russell Yankwitt released a statement saying, “Mr. Baldwin did not commit any crimes, and he’s working with the district attorney’s office and the New York State Tax Department to resolve any differences.”

According to PortChester Patch, “Baldwin’s arrest was the result of an investigation conducted by the Rockland County Special Investigations Unit and the New York State Department of Taxation and Finance.”

The District Attorney thinks otherwise when it comes to the wealthy, “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,” said District Attorney Zugibe. “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.”

“I commend District Attorney Zugibe for his ongoing efforts to investigate and bring to justice those individuals who attempt to avoid paying taxes. It is rare and unfortunate for a personal income tax case to require such strong enforcement measures in order to ensure compliance with our tax laws, particularly in light of the fact that the vast majority of New Yorkers fulfill their filing requirements voluntarily. The Tax Department works diligently with taxpayers to address issues before they escalate, and we strongly encourage those that have difficulties meeting their obligations to contact us for assistance,” stated New York State Commissioner of Taxation and Finance Thomas H. Mattox.

Stephen Baldwin is due in court on February 5, 2013 and he could face up to four years in prison if convicted.

This isn’t the first run-in of money issues for Stephen Baldwin. In June 2009, he and his wife, Kennya had defaulted on their mortgage payment and their home was auctioned off after Bankers Trust foreclosed on the property. The following month, he filed for bankruptcy claiming he owed more than $2.3 million.

Stephen Baldwin Arrested

The actor was taken into custody for failing to file taxes. See his Stephen Baldwin’s mug shot.

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