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San Antonio Tech Company Files for Bankruptcy over Sales Taxes Dispute

Submitted by jhartgen@abi.org on

San Antonio-based Bridgehead Networks Inc., a managed information technology services business, filed for bankruptcy protection recently amid a dispute with the state that had the business owing hundreds of thousands of dollars in back taxes, the San Antonio Business Journal reported. Bridgehead Networks was founded in 2001 by CEO Harry Nass and has about half a dozen employees. Bridgehead Networks shares the same office address as Bridgehead IT Inc., which is a legally separate company with a different CEO, and the networking business is a customer of Bridgehead IT — which has about 40 employees. Bridgehead IT's leadership said that it doesn't expect any major impact to its operations from Bridgehead Networks' bankruptcy. Bridgehead Networks said that a sales tax dispute with the Texas Comptroller’s office after audits, which began in 2011, compelled it to file for bankruptcy, according to court documents. The Texas Comptroller alleged that the company owed more than $435,000 in sales tax for computer hardware and software sales. The company is disputing more than $749,800 in past due taxes, including penalties, records show.