LOS ANGELES (CNS) – A consulting firm is suing Val Kilmer for allegedly failing to pay nearly $130,000 for financial services related to an IRS lien on his former ranch on the Pecos River in New Mexico.
In 2010, the IRS went after the actor for back taxes and placed a lien on several of his properties, including a roughly 5,300-acre ranch near Santa Fe he bought in 2009 and sold for about $18.5 million in 2011.
Arizona-based Executive Consulting Inc. claims it was hired to help Kilmer with that and filed a breach of contract lawsuit Monday in Los Angeles Superior Court.
A similar lawsuit filed in state court New Mexico in March was transferred to federal court.
A representative for the 53-year-old “Batman Forever” actor could not be reached for immediate comment.
According to the complaint, Kilmer hired the company in March 2011 “in hopes he could employ the plaintiff to provide business consulting services.”
Kilmer agreed to pay fees of $625 per hour and $3,000 per day, plus costs and travel expenses, the suit states.
The firm implemented business plans for Kilmer for three months in 2011 and is owed an unpaid balance of $128,466, the suit states.
Kilmer still owns 141 acres in the area but sold the bulk of the property to a Texas oil executive who is developing a trout-fishing resort.
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