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Tag Archives: taxes

Senators concerned about tax breaks for attorneys

WASHINGTON — Senators Thad Cochran and Roger Wicker (R-Miss.) have aired their concerns about the possibility that the U.S. Treasury Department is planning to provide tax breaks for trial lawyers without congressional action. Cochran and Wicker were among 24 Senators who sent a letter to Treasury Secretary Timothy Geithner to express concern over reports about the tax breaks for trial ...

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Coast city decides not to raise citizens' taxes

LONG BEACH — Like other cities on the Gulf Coast, Long Beach’s budget is tight, but city officials will not raise residents’ taxes next year. Mayor Billy Skellie tells The Sun Herald that the city is getting slightly more money from taxes on new homes and businesses, but the tax rate will remain the same. Skellie said some residents were ...

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GranthamPoole named Intuit Solution Provider

RIDGELAND — GranthamPoole CPAs has been selected as an Intuit Solution Provider by Intuit Inc., the maker of QuickBooks. GranthamPoole offers a full range of value-added consulting services for Intuit business and financial management solutions. The Intuit Solution Provider Program will enable GranthamPoole to better serve local small and mid-market businesses through the sale, implementation and service of Intuit solutions. ...

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Northrop Grumman awarded five-year tax break

GULFPORT — Harrison County supervisors have given Northrop Grumman a five-year tax exemption for equipment purchased for its $16 million improvement project at the company’s Gulfport operation. Larry Barnett, director of the Harrison County Development Commission, told The Sun Herald that the exemption applies only to the upgrade, which equals about $89,000 in county taxes. Northrop Grumman officials said they ...

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School board holds no-vote on tax hike

NATCHEZ — The Natchez Adams School Board has approved a $45-million proposed budget, but the board did not vote on a proposed tax increase. The Natchez Democrats reports the proposed budget includes the 2.91 millage rate increase, but board member Benny Wright suggested Superintendent Anthony Morris cut half the cost of the tax increase from the budget. Wright indicated a ...

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Lawmakers push for oil spill tax breaks

WASHINGTON — In an effort to help some of the small businesses along the Gulf coast, a bipartisan group of six lawmakers have put together a package of tax breaks for those hit hard by the oil spill. The lawmakers outlined some of the benefits in a letter they sent to Senate Finance Committee chairman Max Baucus and ranking minority ...

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Swiss lawmakers approve tax treaty

GENEVA — The Swiss parliament today approved a treaty with the United States that will hand thousands of files on suspected tax cheats to U.S. authorities. The government hopes the treaty will end, once and for all, the threat of prosecution looming over Swiss bank UBS AG if the country refuses to honor its agreement to hand over the names ...

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Auditor discovers missing city funds

ABERDEEN — An independent auditor says Aberdeen has misplaced $380,000 and missed out on nearly $1 million. The Commercial Dispatch reports that Charles Buchanan began auditing the city’s electric, water and general city records in April. Thus far, Buchanan has concluded $380,000 in utility payments which should have been paid into the Water & Light Department fund instead went to ...

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Judge rules schools must share Chevron taxes

PASCAGOULA — A Jones County chancery judge has ruled constitutional a 2007 state law that required the Pascagoula School District to share future tax dollars generated from Chevron facilities with other school districts. The Pascagoula School District had filed suit challenging the constitutionality of the law authored by then-Sen. Tommy Robertson, R-Moss Point. Under the law, property taxes generated from ...

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School district enjoys one-time 'windfall'

CANTON — Madison County schools may be able to keep several teaching positions next fall because of a nearly $260,000 one-time windfall. Leavitt Tube, LLC, owes back taxes dating to 2003. Tax assessor Gerald Barber said an oversight led to the company not paying taxes on its buildings and grounds after a 10-year tax exemption lapsed. School Superintendent Mike Kent ...

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