. 1 / 4

Uncle Sam is after Stephen Baldwin.

RELATED: Lindsay Lohan in trouble with the IRS

The actor was arrested on Thursday in New York and charged with one felony count of repeated failure to file personal income tax returns.

According to a press release from Rockland district attorney's office, Baldwin failed to file New York State personal income tax returns for 2008, 2009 and 2010. His alleged tax liability to the state, including penalties and interest, is more than $350,000.

"At a time when Rockland County and New York State face severe fiscal shortfalls, we cannot afford to allow wealthy residents to break the law by cheating on their taxes," District Attorney Thomas P. Zugibe said in a statement. The defendant's repetitive failure to file returns and pay taxes over a period of several years contributes to the sweeping cutbacks and closures in local government and in our schools. My office will continue to investigate and prosecute those who cheat our tax system for their personal gain."

RELATED: Stars who owe the most taxes

According to the release, Baldwin's arrest is the result of an investigation spearheaded by the Rockland County Special Investigations Unit and the New York State Department of Taxation and Finance.

Baldwin was arraigned today in Nyack Justice Court where he pleaded not guilty, and was released on his own recognizance.

He is due to return to court on Feb. 5, 2013. If convicted, Baldwin faces up to four years in state prison.

Baldwin, 46, lives in Upper Grandview, N.Y., and is the youngest of the Baldwin brothers. At one time, he had a busy acting career, though more recently he has caught headlines for being a devout Christian. He also sued Kevin Costner, accusing the actor of duping him into giving up his shares in an oil cleanup technology venture. Costner won the suit earlier this year.

Baldwin's credits include "The Usual Suspects," "Born on the Fourth of July," "The Flintstones in Viva Rock Vegas" and "Half Baked." According to IMDB.com, he has three films currently in post-production and due for release in 2013.

RELATED: Stars in financial trouble