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Tag Archives: taxes

Senate passes tax holiday bill

WASHINGTON — Companies that hire unemployed workers will get a temporary payroll tax holiday under a bill that easily won congressional approval Wednesday in what Democrats hope is just the first of several election-year measures aimed at boosting hiring. The 68-29 bipartisan vote in the Senate sent the legislation to the White House, where President Barack Obama was expected to ...

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Delta city owes IRS big tax check

METCALFE — Metcalfe Mayor Corey Holmes says the city has not remitted taxes to the government and now the Internal Revenue Service wants $200,000. Metcalfe and city attorney Bennie L. Richard say the money comes from federal income taxes the town failed to pay over a 10-year period. The taxes are from the withholdings of municipal employees. Holmes and Richard ...

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Lawmakers mull tax holiday on guns, ammo

JACKSON — Mississippi lawmakers are considering a two-day sales tax exemption for guns and ammunition in honor of “Second Amendment Weekend” which would come just before fall hunting seasons. Some said fear over revenue loss might derail the bill, which was filed by Rep. Warner McBride, D-Courtland. It has 39 co-sponsors. The House Ways and Means Committee hasn’t taken up ...

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Elected officials delinquent on taxes

LEFLORE COUNTY — Twelve elected officials from Leflore County owe a combined $28,000 in delinquent property taxes. Tax records showed the bills range from less than $200 to more than $7,000 for 2009. Property taxes were due last week. Greenwood City Councilman Johnny Jennings had the largest amount of back taxes from 2009 among elected officials. He and his wife ...

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President's job tax credit wins few lawmakers

WASHINGTON — President Barack Obama’s push to create jobs includes a new tax credit for small businesses that add employees, an idea that has appeal as the nation struggles with an unemployment rate topping 10 percent. It is an idea, however, that fell flat in Congress when Obama first proposed it last year because lawmakers didn’t know how to target ...

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City to ask lawmakers for tourism tax

SOUTHAVEN (AP) — The Southaven Board of Aldermen has approved a resolution asking lawmakers for a 1 percent tourism tax on restaurant bills. Mayor Greg Davis says the proceeds would be used for upgrades and maintenance at two parks, which are used for several major youth baseball and softball tournaments each year. Southaven, along with Horn Lake and Hernando, already ...

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Don't check mailbox for tax forms

JACKSON — Those seeking their 2009 state income tax forms needn’t look in their mailbox come January. That’s because the state of Mississippi is discontinuing the issuance of income tax forms via the postal service. The Mississippi State Tax Commission announced Monday that forms and instructions will be available online beginning Jan. 11 or at its district offices across the ...

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Don't check mailbox for tax forms

Those seeking their 2009 state income tax forms needn’t look in their mailbox come January. That’s because the state of Mississippi is discontinuing the issuance of income tax forms via the postal service. The Mississippi State Tax Commission announced Monday that forms and instructions will be available online beginning Jan. 11 or at its district offices across the state. Spokeswoman ...

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Tobacco companies bring suit over tax law

Commonwealth Brands Inc. has joined with The Corr-Williams Company, a Mississippi tobacco and grocery wholesale distributor, in filing an action in Mississippi state court challenging a recently enacted amendment to the Mississippi tobacco tax law. The challenged portion of the law imposes a tax on cigarettes manufactured by companies, such as Commonwealth Brands, that are not parties to a Tobacco ...

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Barbour announces cuts of more than $170 million

The Mississippi Legislature spent six months arguing, posturing and ultimately preparing the state’s budget for fiscal year 2010. In 60 days, much like a new BlackBerry, the budget became outdated. Gov. Haley Barbour announced Thursday afternoon that he is cutting $171.9 million from the nearly $5 billion spending plan because of a shortage in tax revenue for the first two ...

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