Schumer Appeals To IRS On Behalf Of Former Aeden Waterford Clients

By: Melissa Stagnaro

COVENTRY – Former clients of the now-defunct payroll services company Aeden Waterford have a new champion in their corner: Senator Charles Schumer.

Yesterday, the New York Democrat sent a letter to IRS Commissioner Doug Shulman urging the federal tax agency to come to the aid of businesses who were allegedly defrauded by the payroll company, which was owned and operated by William Stiles from 2002 until August of this year.

“The IRS should be doing everything in its legal power to reduce their burdens and alleviate their payments,” Schumer said, not treating them as “criminals.”

It wasn’t until more than a month after Stiles informed his clients he was closing that those businesses learned they owed in some cases thousands of dollars in federal employment taxes to the IRS. It was money they had already paid once – to Aeden Waterford.

In a letter to his former clients – which included more than 100 Southern Tier businesses, including a number of companies in Greene, where Aeden Waterford maintained a satellite office – Stiles admitted his wrong-doing. The details of the letters were included in an article which appeared in the Oct. 25 edition of The Evening Sun, along with interviews of several Greene area business owners who had used the service and one of Stiles’ former employees.

The matter was brought to the senator’s attention, and in mid-November a handful of Greene business owners met with representatives from the legislator’s Binghamton office. Information gathered at that meeting provided the basis of Schumer’s letter to Commissioner Shulman.

Story Continues Below Adverts

In the letter, Schumer urged the agency head to take several steps to assist Aeden Waterford’s former clients, namely to reduce the payments owed by each business; waive interest and penalties; create “lenient” payment plans; and provide expert assistance. He also entreated the IRS to assure businesses they would not be subjected to future audits.

TO READ THE FULL STORY

The Evening Sun

Continue reading your article with a Premium Evesun Membership

View Membership Options




Comments

Official Evening Sun Facebook

pennysaver logo
Shop4Autos logo
greatgetaways logo
Official Evening Sun Twitter