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.