Tax News - November 2, 2010


The nephew of the Mayor of Chicago, Robert Vanecko and his wife failed to pay income and property tax to the government, according to IRS investigations. According to the IRS, Vanecko, nephew of Mayor Richard Daley, had over $157,000 in unpaid taxes in 2008. This was reported by the Chicago Sun-Times.

As a result, the IRS fled a tax lien on the Vanecko summer home in Grand Beach, Michigan. However, the couple paid off the lien by its original deadline, August 30.

Please see full article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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