Meister: Federal tax lien caused by "cash flow crunch"
Scottsbluff lawyer and state legislative candidate Mike Meister says a "cash flow crunch" has caused a $30,500 tax lien to be filed for the non-payment of federal F.I.C.A. taxes.
Meister told KNEB News Monday the same situation occurred eight years ago and it is similar this time.
Meister says he has made a small payment and is working "hand in glove" with the IRS agent in North Platte to pay off the remainder. Meister says his employees are "not in any risk", adding "we understand our responsibility and are working hard to get it fixed".
Meister says because he only gets paid when he succeeds on personal injury cases, he has the cash flow issues. Meister says his gross receipts were down by half last year because personal injury settlement payments from banks and insurers were delayed to his clients.
Meister is running against Valley Bank President John Stinner for the 48th district legislative seat.
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