Las Saturday's auction was canceled for the Bel Air home of the owners of the AccuPay payroll processing firm, which came under legal scrutiny last year after the company allegedly failed to pay taxes withheld from its clients.
The owners of the Bel Air company, Kevin Carden and his wife, Beverly, were going to sell their home in the 500 block of Weatherby Road, as well as its contents.
Steve Dance Auctions of Towson was scheduled to conduct the auction. Owner Steve Dance confirmed Thursday evening the sale had been canceled.
"It has been canceled by mutual agreement of the seller and myself," he said.
Dance did not elaborate and said another sale has not been scheduled, nor did he know if one will be held.
Dance said in early January the sale was "not an absolute auction" because the homeowners could either accept or reject the offer made by the highest bidder.
Kevin Carden purchased the home, which is in the Greenridge II development, in 1999.
The Cardens' company, which had its offices on Churchville Road in Bel Air, has been accused by clients of not paying the state and federal income taxes that had been withheld from their payrolls. The company abruptly ceased operations last February.
The company has been named as a defendant in at least five lawsuits going back to 2012. Court filings state the company had some 600 clients that might be affected by the alleged failure to remit their payroll taxes to the Internal Revenue Service.
AccuPay was investigated by the Bel Air Police Department and later the IRS, whose probe is ongoing.
The company filed for Chapter 7 bankruptcy in March 2013. Under Chapter 7, a company's assets are liquidated under court supervision to pay off creditors.Copyright © 2014, The Baltimore Sun