Gibson Guitars Owes IRS Nearly $450k!!!

Here’s an interesting story about Gibson owing the IRS about $450k..!!!

Looks like they are facing a tax lien, penalties and interest on the income and payroll taxes they owe. Don’t forget the  federal raid over rare wood and  allegations of price rigging this past year.

Supposedly reps from Gibson are currently working this out. Maybe they should quit making $7k and up reissues that nobody I know of or hear of is buying….!!

Click here for the full story.




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Billy Penn’s 300guitars Shop located at 1L Executive Drive in Toms River, NJ will bring your guitars and amplifiers back to life! Specializing in guitar & amplifier repairs and restorations in New Jersey.

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