Stephen Baldwin Pleads Guilty to Tax Evasion
By Shari Weiss | 12:54 pm, March 29th, 2013
Stephen Baldwin pleaded guilty to repeatedly failing to file income taxes in a New York court room on Friday morning.
The “Celebrity Apprentice: All-Stars” contestant admitted that he didn’t pay New York State income taxes for three years, totaling $400,000 with interest and penalties.
Baldwin has already paid back $100,000, and is still on the hook for the remaining amount.
The charge will be erased from the actor’s record if he makes the payment within a year, but faces a sentence of five years probation if he doesn’t.
In court, Baldwin blamed the issue on poor advice from accountants and lawyers.
He had faced up to four years in prison.
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