O'Sullivan Industries officials failed to file income tax returns in 1999 and owe nearly $1 million, IRS officials say. The information was included in a document filed Monday in U. S. District Bankruptcy Court for the Northern District of Georgia.
O'Sullivan officials dispute the claim, saying they filed a consolidated tax return on Sept. 15, 2000.
The claim was one of three O'Sullivan officials asked the bankruptcy judge to disallow, according to the documents. The others were from Ames Department Stores, Inc. for $2.6 million, and from Sentry Insurance for approximately $988,000.
O'Sullivan Industries emerged from bankruptcy the day after the documents were filed.
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