IRS places $1M lien on small Delta town
Published: November 7,2011
METCALFE — The Internal Revenue Service has placed a lien on the Town of Metcalfe for more than $1 million.
Town attorney Bennie L. Richard tells the Delta Democrat Times the town is talking to IRS about remedies.
Richard says the town has a delinquent tax liability because it didn’t pay taxes on town employees for 10 years. Richard says the figure continues to grow because of interest and penalties.
The town is suing former mayor Shirley Allen, former town clerk Brenda Gibbs and several former and current aldermen who served in whole, or part, between 1999-2009 in an effort to recoup money through their bonding agent, the Ohio Casualty Company.
If successful, Richard says the money would be used to pay off the IRS debt.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- Bids on reworking Interstate 55 stretch are rejected
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Terminal upgrade on indefinite hold at Jackson International Airport
- Report ranks state schools' performance 51st in the nation
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- CFPB wants repay ability at center of new payday loan rules
- Two new casinos like the odds on Mississippi Gulf Coast
- Hosemann to launch crowd funding program