Posts Tagged ‘taxes’

Legal fees can grow quickly for cities

by Becky Gillette Published: January 10,2014

Tags: finances, lawyers, Mississippi, money, Ocean Springs, taxes, Tupelo

With attorneys commonly charging $100 to $150 per hour, it can take a big bite out of a city’s finances for legal fees, especially for cities that have been involved in annexation battles. In the 2013 calendar year, the City of Biloxi paid $581,741 to one law firm, Page, Mannino, Peresich & McDermott, PLLC. Biloxi […] [...]

Mississippi Film Office celebrates milestone of 40 years in business

by Lisa Monti Published: November 22,2013

Tags: Business, film, Mississippi, taxes, tourism

This year marks the 40th anniversary of the Mississippi Film Office, created by Gov. Bill Waller in 1973 to promote the industry in the state. As 2013 winds down, there is a movie about James Brown (Get on Up) being filming in Natchez, and another, The Sound and the Fury directed by James Franco, is […] [...]

SCOTT: As the taxes turn

by For the MBJ Published: August 2,2013

Tags: HORNE LLP, John Scott, taxes

One of the notable changes in 21st century living is the decline of that classic daytime TV staple: The soap opera. While a few still hold on, many such as “As the World Turns” and “The Guiding Light” have gone the way of the dinosaur. These were longtime favorites of viewers and advertisers, but they […] [...]

CRAWFORD: Is your favorite tax break safe?

by Bill Crawford Published: July 19,2013

Tags: Bill Crawford, tax breaks, taxes

Have you asked your senators to save your favorite tax break? Senate Finance Committee Chairman Max Baucus (D-Montana) and Ranking Member Orrin Hatch (R-Utah) have given senators until July 26th to tell them what tax breaks need to be saved as they begin writing tax reform legislation. In a letter to colleagues late last month, […] [...]

SCOTT: Several important post-April tax developments

by For the MBJ Published: June 14,2013

Tags: Bobby Jindal, HORNE LLP, John Scott, Mississippi Development Authority, Sales Tax, taxes

As another year’s tax day filing deadline came and went, several interesting, and potentially significant, tax-related developments surfaced that have a direct or indirect impact on us here in Mississippi. One development took place next door in Louisiana, another here, while the third emanates from Washington, D.C. First, in Baton Rouge in early April, Gov. […] [...]

CRAWFORD: Reshoring output requires STEM input

by Ross Reily Published: May 10,2013

Tags: Bill Crawford, finance, Mississippi, Mississippi Business Journal, taxes

Reshoring is the catchy name used to describe efforts to bring manufacturing jobs back to America. It includes the return of jobs “off-shored” or “out-sourced” by U.S. companies as well as jobs brought to America by direct foreign investment. While General Electric, Caterpillar and Ford have brought jobs back to the U.S., we see more […] [...]

Errors and record mismanagement can be costly

by Lisa Monti Published: April 19,2013

Tags: accounting, electronic filing, IRS, law, Law & Accounting, Lisa Monti, tax season, taxes

It’s the little things that can get taxpayers. Simple math errors, poor penmanship or hurriedly filling out your tax form at the last minute account for loads of filing errors. And those slip ups, which typically happen with paper returns, give the Internal Revenue Service another opportunity to tout the benefits of filing taxes electronically. […] [...]

Putting your tax refund to work

by Ike Trotter Published: March 8,2013

Tags: Ike Trotter, Roth IRA, taxes, TD Ameritrade

According to a recent TD Ameritrade poll, 47 percent of U.S. taxpayers expect a refund this year. The important question to ask is: What do they plan to do with the money? The answers may surprise you. While 15 percent of the survey respondents indicated they would spend their refunds on discretionary purchases, 47 percent […] [...]

A nice tax surprise for April

by Ike Trotter Published: February 8,2013

Tags: financial planning, financial services, Haley Barbour, Ike Trotter, tax season, taxes

Anytime I write about financial products that are also offered through my practice, I run the risk with this column of taking what some may view as unfair advantage of promoting products I also happen to write. While I think my many years of writing a financial column has dispelled this notion, I am sensitive […] [...]

Bill seeks to end accelerated sales tax system

by Clay Chandler Published: January 25,2013

Tags: National Federation of Independent Businesses, Phil Bryant, Ron Aldridge, taxes

Legislation that sits in the House and Ways and Means Committee would offer relief at the end of the state fiscal year for taxpayers who collect sales taxes. Currently, taxpayers who collect sales and use taxes — which encompasses almost all of the state’s small businesses — are allowed to remit them to the state […] [...]

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