Delta community collects $100K to pay IRS tax lien
Published: April 10,2012
METCALFE — The town of Metcalfe has collected $100,000 from a bonding company and will use the money to pay on a tax lien imposed by the Internal Revenue Service.
The town sued former mayor Shirley Allen, former town clerk Brenda Gibbs and several former and current aldermen who served between 1999-2009 to recoup money through their bonding agent — the Ohio Casualty Company.
Town attorney Bennie L. Richard tells the Delta Democrat Times the money came in last week.
Richard says the money will pay part of the tax lien but not all of it.
The IRS said the town didn’t pay taxes on town employees for 10 years from 1999-2009. The figure has continued to grow because of interest and penalties.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Jail kitchen supervisor pleads guilty to stealing food
- Warden who lives hundreds of miles from jail resigns
- Top 10 finalists chosen for C Spire Conerly Trophy
- Ex-MDEQ leader Fisher joins Butler Snow
- State’s new banking chief Charlotte Corley has deep roots in the business
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- Analyst: KiOR Columbus plant may end up sold as scrap
- BankPlus recognized for alternative program to payday lending