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New Jersey's Fifth Congressional District

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Dumont Couple $15G 'Richer' After Congressman Resolves IRS Error Dumont Couple $15G 'Richer' After Congressman Resolves IRS Error
Dumont Couple $15G 'Richer' After Congressman Resolves IRS Error A Dumont couple was able to receive $15,500 back with help from Congressman Josh Gottheimer after the IRS erroneously demanded it from them. When lifelong Dumont residents Charles and Betty Crasten sold a stock certificate, their profits were misreported to the IRS by a third-party clearinghouse, causing the IRS to demand $15,558 -- a common error among seniors selling paper securities.  When the IRS contacted the couple looking for the payment, the couple thought that they were destined for jail. Instead, the Crastens called Gottheimer, whose office identified the error almost immediately…

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by Cecilia Levine