IRS Slaps Lien On Trump's Ally Rudy Giuliani's Palm Beach Condo Over Half A Million Dollars Unpaid Taxes

The Internal Revenue Service, or IRS, has placed a lien on a condo owned by Rudy Giuliani, the former New York mayor and onetime attorney to Donald Trump, in Palm Beach, Florida, over unpaid taxes from 2021.

What Happened: According to Insider, the notice filed in August reveals that Giuliani owes $549,435.26 in unpaid income taxes. The condo, now deemed collateral, could be used to repay these taxes if sold.

The Palm Beach County tax assessor’s office and Zillow estimate the property’s value between $3.07 million and $4.8 million, respectively.

See Also: Trump’s Niece Says Her Uncle Won’t Replace McCarthy As House Speaker Because It ‘Requires Work’

In response to Insider’s request for comment, Giuliani’s advisor, Ted Goodman, confirmed that “Mayor Giuliani, through his accountant, has a formal agreement with the IRS to pay off the liability.”

Beyond the lien, Giuliani faces other financial challenges. In September, law firm Davidoff Hutcher & Citron filed a lawsuit against him, claiming he owes almost $1.4 million in unpaid bills. Additionally, his Manhattan apartment, listed for sale at $6.5 million, has yet to be sold.

Giuliani’s financial woes are compounded by legal struggles, including a defamation lawsuit and multiple civil lawsuits. A legal ethics panel also recommended in July that Giuliani be disbarred.

Read Next: Trump Unexpectedly Withdraws $500M Lawsuit Against His Former Lawyer Michael Cohen

Photo by paparazzza on Shutterstock


Engineered by Benzinga Neuro, Edited by Navdeep Yadav


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Market News and Data brought to you by Benzinga APIs
Posted In: NewsPoliticsTop StoriesDonald TrumpIRSPalm BeachRudy Giuliani
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...