JACKSON COUNTY — Jackson County Supervisors have adopted a tax increment financing (TIF) redevelopment plan, which allows it to begin offering incentives on major developments. The Mississippi Press reports tax increment financing is a reimbursement-based funding mechanism that uses future gains in taxes to finance infrastructure improvements on a property. The county had to adopt [...] [...]
WAVELAND — The City of Waveland has borrowed $486,000 to pay on two public works bond issues from 2004. Mayor David Garcia tells the Sea Coast Echo the city borrowed money against its anticipated 2012 property taxes. In 2004, Waveland took out two bonds totaling more than $6 million for public works projects such as [...] [...]
HINDS COUNTY — Hinds County’s finances in fiscal 2010 reflect numerous areas of concern with how the county conducts business. That’s according to a private examination ordered by the state Auditor’s Office. State Auditor Stacey Pickering noted the county ended the year with a $2-million deficit in its general fund and has routinely done interest [...] [...]
Started with individual returns, then business and partnership returns The Internal Revenue Service is extending its National Research Program to cover employment taxes and their contribution to the tax gap. Businesses could face random audits under the program as soon as this fall. This program began with a concentration on individual returns and then moved [...] [...]
WASHINGTON — BP says the Securities and Exchange Commission and the Justice Department are conducting informal inquiries into securities matters arising from the Gulf oil spill. BP disclosed the probe yesterday in a filing with the SEC, marking the latest development in the evolving government investigations following the April 20 explosion and fire on the [...] [...]
Age: 30 Hometown: Jackson Education: Bachelor and masters of accountancy, University of Mississippi Current Position: Financial planner, Marshall Financial Planning, LLC At age 30, Scott Marshall has already had an extensive career in finances. After graduating from the University of Mississippi, the West Point native began his career as a financial auditor for Ernst & [...] [...]
Well, it’s no wonder that everyone is once again worried about the stock market. What with Greece having problems funding their debt, (not the Broadway show but the actual country), and Goldman Sachs out there creating products and then betting against their own children, so to speak, after selling them in good faith to their [...] [...]
I have written on the following subject before but with little effect. I am not naive enough to think the subject I am writing on will change because of me, but I am hopeful that I might spur some intelligent conversation between people with a vested interest (that would be anyone who lives in the [...] [...]
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