Every for profit business started by Al Sharpton was hit for not paying taxes

posted at 8:01 am on February 5, 2015 by Jazz Shaw

This news was actually uncovered by National Review a few days ago, but things have been rather busy so we didn’t get around to it until now. The tax problems which Al Sharpton has run into with his National Action Network are well known and frequently documented. While the non-profit is more than a million dollars in debt to the tax man, Sharpton continues to tap it for a more than one quarter million dollar salary. But as Jillian Kay Melchior discovered with a bit more digging, Sharpton has also started up and abandoned a variety of for profit enterprises dating back decades. Each and every one of them seems to have mysteriously run into similar problems figuring out how much they needed to pay in taxes… if they paid any at all.

So far, every for-profit enterprise started by Al Sharpton and known to National Review Online has been shut down in at least one jurisdiction for failure to pay taxes, a review of public records in New York and Delaware reveals.

Records show that Sharpton’s beleaguered for-profit entities often overlap and intertwine, some sharing ties with the reverend’s nonprofit organization, National Action Network. Their financial records are copious, confusing, and sometimes outright bizarre, and together, they depict persistent financial woes for Sharpton, who also personally owes New York State nearly $596,000, according to active tax warrants.

Melchior tracks down a trail of failed businesses starting with one called Raw Talent, founded back in 1991. The company was dissolved by the state of New York in 2002, but not before the business ran up more than a half million dollars in federal tax debt and a nearly $5K tab to the state. The Reverend Al started Revals Communications in 1999 (coincidentally in the same offices as Raw Talent) and that one only lasted until the state shut it down in 2009, owing more than $200K to the feds and $175K to New York. Sharpton Media Group was founded in Delaware, where it lasted all of 36 months before being shut down in that state for failure to pay taxes, though it apparently remains active on paper in the Big Apple.

There were others, such as one called “Bo Spanky” which had similar problems. Frequently these for profit companies became intertwined with his National Action Network when they “loaned” money to the non-profit, whereupon the cash presumably disappeared. It creates a complicated web of funding which makes sorting it all out a difficult proposition. The long arm of the law has taken notice of Sharpton’s activities at times, though, and sought to straighten him out.

Sharpton has had brushes with the law. In 1990, a jury found him not guilty of 67 counts of fraud and larceny, though three years later, the reverend pleaded guilty to a misdemeanor tax charge.

Later, the Federal Election Commission found that National Action Network had inappropriately paid for expenses related to Sharpton’s 2004 presidential campaign.

Last March, Jeri Wright, a former president of the Chicago branch of National Action Network and the daughter of Reverend Jeremiah Wright, President Obama’s former pastor, was convicted of money laundering after participating in a fraud scheme involving another nonprofit.

This is some great reporting by National Review, and the lengthy report is definitely worth a full read. Sharpton has left a long paper trail of dubious activities, getting tagged for large tax liens, many of which are still outstanding. Yet for all of the charges swirling around Sharpton, his businesses and his cronies, he seems to have always managed to dance away on the edge of disaster and avoid being fully taken down and sent to the crowbar motel.

Oddly enough though, I believe he still has a job at MSNBC, so I guess this is all just one big misunderstanding.


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Comments

Clearly this is a case of IRS targeting.

Or to put it more succinctly:

That’s RACIST.

Skipity on February 5, 2015 at 8:03 AM

If Al Sharpton doesn’t have to pay his taxes, why do we?

If Obama doesn’t have to obey the law, why do we?

See where it leads? When you undermine the law and do so publicly eventually people WILL question why THEY should follow it themselves.

ConstantineXI on February 5, 2015 at 8:06 AM

Every for profit business started by Al Sharpton was hit for not paying taxes

Well that’s not very patriotic of him.

Star Bird on February 5, 2015 at 8:09 AM

You can take the fat racist sham artist out of the silk track suits but that doesn’t mean he went legit.

Happy Nomad on February 5, 2015 at 8:11 AM

He has race card IRS exemption.

albill on February 5, 2015 at 8:12 AM

You can take the fat racist sham artist out of the silk track suits but that doesn’t mean he went legit.

Happy Nomad on February 5, 2015 at 8:11 AM

Sharpton is no different than a common thug. His whole schtick is nothing more than a protection racket.

ConstantineXI on February 5, 2015 at 8:13 AM

Not sure if HA meant to do this, but upon opening, the left hand column shows a badass Cobra flying King, directly opposite a corrupt, tax cheating US “reverend”. Hilarity ensued (for me anyway:)

bernzright777 on February 5, 2015 at 8:14 AM

While the Rev was pocketing millions and evading his taxes, the IRS was discriminating against conservative groups and seeking ways to actually criminalize them just for seeking tax exempt status.

Go***mn banana republic.

forest on February 5, 2015 at 8:14 AM

But, just let Gibson make some guitars with the wrong kind of wood and the feds send a swat team. DeBlusio could send some cigarette police to collect that NY tax. It’s gotta be more than selling loosies.

Kissmygrits on February 5, 2015 at 8:16 AM

NBC news has a mess right now, Al Sharpton and Brian Williams.

SC.Charlie on February 5, 2015 at 8:16 AM

Unstinkingbelievable

But hey its Rev al….dear leaders BFF….he wont have to pay a bloody dime

Hypocrisy at its finest

cmsinaz on February 5, 2015 at 8:17 AM

Infuriating because nothing will happen to him

cmsinaz on February 5, 2015 at 8:21 AM

But, just let Gibson make some guitars with the wrong kind of wood and the feds send a swat team. DeBlusio could send some cigarette police to collect that NY tax. It’s gotta be more than selling loosies.

Kissmygrits on February 5, 2015 at 8:16 AM

Laws only apply to non Democrats.

ConstantineXI on February 5, 2015 at 8:22 AM

Every for profit business started by Al Sharpton was hit for not paying taxes?

Rambotito on February 5, 2015 at 8:23 AM

We’re all racists now.

Bigbullets on February 5, 2015 at 8:24 AM

Revals is slaver backwards, odd name.

roy_batty on February 5, 2015 at 8:25 AM

Imagine for a moment if he were a republican…the NY Times, Washington Post, etc, would be burning out their printing presses publishing story after story on page 1 for weeks on end.

powerpickle on February 5, 2015 at 8:26 AM

We’re all racists now.

Bigbullets on February 5, 2015 at 8:24 AM

No one on Earth is more racist than “Race Bait Inc”, including Al Sharpton, Jesse Jackson, the Congressional non-white caucus, et all.

ConstantineXI on February 5, 2015 at 8:27 AM

Imagine for a moment if he were a republican…the NY Times, Washington Post, etc, would be burning out their printing presses publishing story after story on page 1 for weeks on end.

powerpickle on February 5, 2015 at 8:26 AM

Yet the Democrat Party is full of tax cheats.

ConstantineXI on February 5, 2015 at 8:28 AM

White privilege.

coldwarrior on February 5, 2015 at 8:31 AM

I’m sure he will be punished as much as Corzine was…

reaganaut on February 5, 2015 at 8:35 AM

What matters here is that Al Sharpton believes in his heart that he paid taxes – this is all that matters, and he should be forgiven.

Smegley on February 5, 2015 at 8:39 AM

If anything, the Ferguson crisis has underscored Sharpton’s role as the national black leader Obama leans on most…
 
http://www.politico.com/magazine/story/2014/08/al-sharpton-obama-race-110249.html

 
Oh, how I pine for the Bush years, when something something Haliburton something.

rogerb on February 5, 2015 at 8:41 AM

Al Sharpton a close advisor to President Obama and noted civil rights advocate (code name for race hustler) is a tax cheat.

SC.Charlie on February 5, 2015 at 8:43 AM

I just got through reading about MSNBC’s ratings collapse through a Drudge link and in the nearly 5000 comments nearly 3/4’s mention the teleprompter challenged pink elephant not mentioned once in the article as having his head on the chopping block with Ronan, Christh Haythes, and Maddow.

I always said when MSNBC folds, Al Sharpton will be last standing to turn off the lights.

Marcus on February 5, 2015 at 8:43 AM

‘Fair share’ only applies to white people.

Resist We Much on February 5, 2015 at 8:44 AM

What matters here is that Al Sharpton believes in his heart that he paid taxes – this is all that matters, and he should be forgiven.
 
Smegley on February 5, 2015 at 8:39 AM

 
He could’ve sworn it was his helicopter that was under attack.

rogerb on February 5, 2015 at 8:45 AM

Oh, how I pine for the Bush years, when something something Haliburton something.

rogerb on February 5, 2015 at 8:41 AM

Ah yes, and how about the oldie but goodie: Frog marching Karl Rove across the WH lawn. He was a cub scout compared to the current “playah’s”.

bernzright777 on February 5, 2015 at 8:45 AM

He gots immoonity. He be black.

Younggod on February 5, 2015 at 8:46 AM

Jeri Wright, a former president of the Chicago branch of National Action Network and the daughter of Reverend Jeremiah Wright, President Obama’s former pastor

I guess they need to ad a couple more faces to the Clinton/Obama Crime Syndicate board.

HBO couldn’t come up with a story like this.

LoganSix on February 5, 2015 at 8:51 AM

Quick. Obama’s new Justice Department needs to bring charges so they can settle and prevent any future real Justice Department from giving this hustler what he deserves.

Immolate on February 5, 2015 at 8:56 AM

No sweat. Al Sharpy will just pay off his taxes with his student loans.

vnvet on February 5, 2015 at 8:57 AM

Revals is slaver backwards, odd name.

roy_batty on February 5, 2015 at 8:25 AM

.
Hmmmmmmm….. co-ink-ee-dink? Coded message? Bad sense of humor? Hmmmmm….

ExpressoBold on February 5, 2015 at 9:01 AM

Sounds like a system of fraud perpetrated for his National Action Network. All done behind the scenes as a conspiracy.

You know, we got RICO laws for this sort of thing.

Not that the DoJ will ever enforce those on Weird Al Sharpton.

ajacksonian on February 5, 2015 at 9:03 AM

Doesn’t the Good Reverend realize that the New Testament tells us to obey our government leaders and to render under to Caesar? I have yet heard him preach the Gospel of Christ EVER!

garydt on February 5, 2015 at 9:07 AM

NBC news has a mess right now, Al Sharpton and Brian Williams.

SC.Charlie on February 5, 2015 at 8:16 AM

…I’m sure others there have messed up too…it just hasn’t ‘been reported’ yet!

JugEarsButtHurt on February 5, 2015 at 9:11 AM

Go get him, IRS.

And, why can’t you?

TimBuk3 on February 5, 2015 at 9:13 AM

You know, we got RICO laws for this sort of thing.

Not that the DoJ will ever enforce those on Weird Al Sharpton.

ajacksonian on February 5, 2015 at 9:03 AM

Well, no… not now that Eric Holder has fixed all the institutional bias and politicization in th Department of Justiss.

Dolce Far Niente on February 5, 2015 at 9:16 AM

Not that the DoJ will ever enforce those on Weird Al Sharpton.

ajacksonian on February 5, 2015 at 9:03 AM

.
Never fear! AG Loretta Lynch will be on this like… uh… no not that one… uh… wet on water!

ExpressoBold on February 5, 2015 at 9:22 AM

Tom Brady is facing a $60,500 tax bill from the IRS just for winning the Super Bowl, according to a new report. The winners get $97,000. He won a pickup truck as MVP so that counts against his salary too, and since he gave it to the player that made the game-saving interception, he has to pay a $5,000 gift tax.

Akzed on February 5, 2015 at 9:24 AM

Al Capone paid more of his taxes than Al Sharpton.

Random Numbers (Brian Epps) on February 5, 2015 at 10:06 AM

Al Capone paid more of his taxes than Al Sharpton.

Random Numbers (Brian Epps) on February 5, 2015 at 10:06 AM

If Al Capone owed as much taxes as Sharpton he’d only have left Alcatraz in a box.

ConstantineXI on February 5, 2015 at 10:10 AM

Akzed on February 5, 2015 at 9:24 AM

.
He, and his model wife, are in a very high tax bracket. I’m not sure that income deferral techniques could ameliorate his legal requirements. It sucks to be Tom Brady, huh?

ExpressoBold on February 5, 2015 at 10:14 AM

Sharpton and Jackson have made millions off “The Civil Rights Movement”.

GarandFan on February 5, 2015 at 10:25 AM

Just because he’s black you guys are trying to say he owes money!

– MSM in 5,4,3,2…

ghostwalker1 on February 5, 2015 at 10:45 AM

This news is RACIST!

WannabeAnglican on February 5, 2015 at 11:03 AM

Al Sharpton is nothing but a hoodlum. If he owes taxes, he needs to pay taxes. He is making a living off of race baiting.

Portia on February 5, 2015 at 11:12 AM

I spent much of last week discussing tax consequences of different business decisions… forward looking.

I asked what happens if you are wrong about taking deductions, and was told by highly qualified advisors: if you take a deduction that is disallowed later, you don’t go to jail, you pay the tax you should have paid, plus interest and maybe penalties if you did something that was not in good faith.

But if you FAIL TO REPORT INCOME you will likely go to jail.

So, that is what needs determined: Did Sharpton fail to report his income? Or did he think some things could be deducted from income he did report, but was wrong. And was he advised he did it right by an accountant.

petunia on February 5, 2015 at 12:09 PM

That last post sounds like I did some fishy tax stuff, I didn’t, it was a meeting of lots of people and the advice was general. Also, I asked the question because I thought some of the things they were saying were deductible were a little ify, so I wondered if someone followed what they were saying, but they were wrong what happened.

I did not touch the taxes for the last 20 years we have an accountant, who is very conservative and careful in his work.

petunia on February 5, 2015 at 12:14 PM

Every for profit business started by Al Sharpton was hit for not paying taxes

I’ll get Charlie Rangel on this case. Oh….wait!

MaiDee on February 5, 2015 at 1:04 PM

Tom Brady is facing a $60,500 tax bill from the IRS just for winning the Super Bowl, according to a new report. The winners get $97,000. He won a pickup truck as MVP so that counts against his salary too, and since he gave it to the player that made the game-saving interception, he has to pay a $5,000 gift tax.

Akzed on February 5, 2015 at 9:24 AM

I am sure that Tom Brady can and will pay his taxes. I plan to win the current Powerball pot which is estimated to be around $370 million. I will gladly pay the taxes and then proceed to give a lot of it away to others, probably making their lives miserable.

SC.Charlie on February 5, 2015 at 1:17 PM

You all got what you voted for. He is Black and politically connected with the Obama’s and the Clinton’s. It is all a RICCO operations direct from the Clinton play book. The actions of these three players are all intertwined, criminal and sick. Maybe we need to add to this MSNBC for aiding and abetting a criminal activity.

Until action is taken against these individuals and their activities they will continue to tarnish the past glories of our once great Democracy.

I would never be able to hold the Office of President for three reasons.

1. I have never smoked pot.
2. I volunteered for the Army and served in Viet Nam.
3. I never had sex outside of marriage.

Since these have been the basic prerequisites of our last two Democratic presidents, this speaks volumes of the decrepit lows that we as a nation of come to.

God save the United States Of America for God only knows the voters will not.

jpcpt03 on February 5, 2015 at 4:42 PM