METCALFE — The Town of Metcalfe is still awaiting word from the Internal Revenue Service about a $468,042 tax liability from a decade of unpaid taxes.
Town attorney Bennie L. Richard told the Delta Democrat Times that the taxes are from the withholdings of municipal employees.
Richard says the town is responsible for over $236,000 in unpaid taxes from 1999 to 2009. The penalties are $119,303 with the interest accrued on the unpaid taxes and penalties at $111,951.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info