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Tag Archives: taxes

Clerical mistake leaves plant with $1.4M in unpaid taxes

JACKSON — A Milwaukee Tool clerk’s paperwork error means the manufacturing plant in Jackson must pay Hinds County $1.4 million more in property taxes than it contends it owes. The Board of Supervisors yesterday denied Milwaukee Tool’s request for relief, saying the company should have called it to the board’s attention earlier than just a few weeks ago. The Clarion-Ledger ...

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Aldermen lower gaming revenue expectations

VICKSBURG — Low activity at Vicksburg’s riverboat casinos during April, May and early June forced city officials to reduce the anticipated revenue for the current fiscal year. The Vicksburg Post reports the city’s Board of Mayor and Aldermen on Aug. 15 reduced the city’s anticipated $5.5 million in revenue from the state’s 3.2 percent tax on gaming machines by $420,000. ...

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Mayor: No more taxpayer money for museum

BILOXI — Biloxi Mayor A.J. Holloway is making it clear that he does not want to use tax dollars to support the Ohr O’Keefe Museum of Art. Holloway discussed the issue yesterday morning at his annual “Breakfast with the Mayor.” As he discussed the city budget that he and the City Council are working on, Holloway said the museum has ...

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Delta town meets important IRS filing deadline

METCALFE — The Town of Metcalfe has met a deadline for the release of financial records to the Internal Revenue Service. Mayor Corey Holmes told the Delta Democrat Times that the information was taken to the Greenville Federal Court House last week and turned over to the local IRS office ahead of a July 31 deadline. Not meeting the July ...

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Taxes raised to recoup levee funding following flood

WARREN COUNTY — Taxes are going up for some property owners along the mainline Mississippi River levee in northwest Warren County. The Board of Mississippi Levee Commissioners wants to recoup about $400,000 spent from a $2-million reserve fund during the recent flooding. The increase will translate into an extra $2.40 on a tax bill for a property valued at $100,000. ...

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The politics of economic armageddon

Here we are again — staring into the economic abyss. Compromise, that old tried and true concept of America’s republican form of government, has been taken off of the table. The American brand of compromise has fallen victim to campaign promises never to do it, signed pledges that taxes could never be a part of it and the demands by ...

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Town scrambling to get documents to IRS

METCALFE — Mayor Corey Holmes says Metcalfe has a July 31 deadline to give the Internal Revenue Service 11 years of bank statements and canceled checks, plus more documentation for the 12 months that ended June 30. He tells the Delta Democrat Times that town officials hope to beat that deadline by at least a week. The IRS says it ...

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Sales tax holiday returning for third time

ACROSS MISSISSIPPI — Mississippi’s sales tax holiday returns for the third year on the weekend of July 29-30, in time for back-to-school shopping. For 48 hours, between 12:01 a.m. Friday, July 29 and midnight Saturday, July 31, stores won’t collect the 7 percent sales tax on eligible items. The list remains the same as last year — basically clothing and ...

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Aldermen extend tax-abatement ordinance

OCEAN SPRINGS — The Ocean Springs Board of Aldermen has unanimously decided to extend the city’s tax-abatement ordinance until June 30, 2013. The ordinance provides an incentive for businesses to develop along portions of U.S. 90 and in downtown. The board also directed the city’s Planning Commission to identify additional locations where the tax abatement might serve useful. Alderman John ...

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Hood urges city to drop Nissan lawsuit

CANTON — The state Attorney General’s Office has asked a federal judge to dismiss a lawsuit filed by the City of Canton against Nissan of North America Inc. The Clarion-Ledger reports that the Attorney General’s Office says in its motion that state law prohibiting Canton from annexing the nearby Nissan plant does not violate the state constitution. “Roughly 10 years ...

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