Posts Tagged ‘taxes’

City sets new sales tax record, but officials still concerned

by Associated Press Published: May 7,2012

Tags: budget, municipal government, record, Sales Tax, tax collections, tax revenues, taxes

BROOKHAVEN — Brookhaven’s latest sales tax report showed record numbers, but some officials don’t want to get too excited just yet because the city is lagging behind some neighbors. The Daily Leader reports Brookhaven’s March sales tax report came in at $415,468.14. In March 2011, it was $400,912.36. Mayor Les Bumgarner says that’s the highest [...] [...]

Auditor’s Office tells city to put tax money in escrow

HORN LAKE — The state Auditor’s Office says Horn Lake needs to place money collected from an unauthorized hotel-motel tax into an escrow account until the issue is resolved. City officials told The Commercial Appeal yesterday they have already been doing so. The issue stems from a $2 per night tax on hotel and motel [...] [...]

Legislature completes work on $5.6B state budget

JACKSON — Mississippi lawmakers have completed their part of the state budget process, passing a final batch of appropriations bills. The overall $5.6 billion budget is for fiscal 2013, which begins July 1. The House and Senate yesterday passed bills giving funds to the Mississippi Development Authority, the Department of Finance and Administration, and the [...] [...]

Lawmakers pass new income tax credit legislation

JACKSON — A bill to give businesses a larger income tax credit when they pay inventory taxes is headed to Mississippi Gov. Phil Bryant. The final version of Senate Bill 2934 passed the Senate yesterday, two days after clearing the House. The bill would increase the tax credit in phases. First, it would double the [...] [...]

Metro Jackson sales tax bill to fund water/sewer system advances

JACKSON — Mississippi legislators have advanced a bill that could allow up to a 1 percent sales tax in metro Jackson to help fund improvements to the water and sewer system used by the capital city and some suburbs. The tax would be put in place only if it’s approved by at least 60 percent [...] [...]

Last minute tax advice for 2012

by Becky Gillette Published: April 15,2012

Tags: dividends, IRS, tax penalties, taxes, wages

So it is tax day, this year on April 17 due to a Monday Emancipation Day holiday on April 16. But you haven’t filed a return, or asked for an extension. If you have asked for an extension, you might not have paid the estimated taxes due. Any of those things could bode badly for [...] [...]

Profile: Paul Calhoun, Haddox Reid Burkes & Calhoun CPA’s

Paul Calhoun is happy being a CPA and serving as managing partner of the Haddox Reid Burkes & Calhoun firm, but he can also imagine himself being content working as a mechanic on small engines. Maybe that’s why he enjoys riding motorcycles during leisure time. “People might be surprised to learn that about me,” he [...] [...]

Pickering revises amount owed by Davis on credit card charges

SOUTHAVEN — The office of Mississippi Auditor Stacey Pickering is revising the amount that Southaven Mayor Greg Davis must repay to taxpayers after aldermen determined that about $6,000 in charges to the mayor’s city-issued credit card were not city-related expenses. “We didn’t have enough documentation to justify approximately $6,000 as city expenses,” Aldermen Ronnie Hale [...] [...]

Court rules schools do not have to share Chevron tax payments

by Associated Press Published: April 13,2012

Tags: county government, courts, education, energy, gas, judges, judicial, judiciary, Oil, petroleum, REFINERY, schools, students, taxes, teachers

PASCAGOULA — A 2007 state law is unconstitutional in requiring the Pascagoula School District to share some tax dollars generated from Chevron facilities with other districts, the Mississippi Supreme Court ruled yesterday. The ruling overturned a decision by a Jackson County judge who upheld the law. The Supreme Court had heard the Pascagoula School District’s [...] [...]

Delta community collects $100K to pay IRS tax lien

by Associated Press Published: April 10,2012

Tags: arears, bond, bonding, federal agency, federal government, municipal government, tax collections, tax lien, taxes

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 [...] [...]

« Previous Page Next Page »

Recent Posts

Polls

If the 2015 election for Mississippi governor were held today, for whom would you vote?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments