Sanderson Plumbing owes county, city $258K
Lowndes County is filing to lift an automatic stay of payment to collect delinquent taxes from Sanderson Plumbing, which filed for bankruptcy last year.
Obama wants limits on company mergers abroad
President Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a new call to end the practice quickly and questioning the patriotism and citizenship of those companies.
SSD supe wants ‘amiable’ solution for fund dispute
Starkville School District Superintendent Lewis Holloway said he hopes SSD and city aldermen can find an amiable solution over how to use $500,000 in over-collected school taxes.
IRS seeks unpaid federal taxes from Itta Bena
The federal government has placed a tax lien on the city of Itta Bena’s assets, seeking repayment of more than $200,000 in unpaid federal payroll taxes.
Credit Suisse case called warning to foreign banks
Credit Suisse AG’s guilty plea and $2.6 billion payment in a high-profile case brought by the Justice Department are being held out as a warning to foreign banks believed to be helping U.S. taxpayers conceal assets.
Supervisors grant Eka Chemicals tax exemption
Lowndes County supervisors Tuesday granted a 10-year tax exemption to Eka Chemicals for an $11.65 million expansion of its facility off Nashville Ferry Road.
Tax refund fraud is a big frustration for victims
Laura Hankins knew something was wrong when she filed her daughter’s tax return and it was rejected hours later: An identity thief already had sent in a return using the 19-year-old’s personal information.
Sen. Rand Paul: Give Caterpillar award for tax strategy
Caterpillar Inc. executives defended a tax strategy Tuesday that has saved the manufacturing giant billions in U.S. taxes. They got support from Republican senators, including one who said the company deserves an award.
W accounting instructor offers tips for tax season
Tax season is officially under way, and Mississippi University for Women accounting instructor John Williams offers some tips to keep in mind when filing your 2013 tax return.
Higher-income Americans hit hardest by tax changes
Higher-income Americans and some legally married same-sex couples are likely to feel the biggest hits from tax law changes when they file their federal returns in the next few months. Taxpayers also will have a harder time taking medical deductions.
Progress equals less land at Lowndes port
Those who oversee the Columbus-Lowndes County Port say they face a good news/bad news scenario.
The good: The six industries operating at the port pay more than $1 million in taxes to the city of Columbus and Lowndes County, and about $350,000 to the port authority, each year.
The bad: They’re running out of land.
County grants tax exemption to Aurora
Lowndes County supervisors have voted to grant Aurora Flight Sciences a 10-year ad valorem tax exemption for its investment in the final expansion of its facility.
Officials looking at taxes on Nissan plant
The president of the Madison County Board of Supervisors said officials will negotiate with Nissan over property taxes in early 2014.
An initial 10-year tax exemption expires at the end of the year.
Ending tax breaks eyed as a way to ease budget cuts
WASHINGTON — Democrats’ new mantra in budget talks is to close tax loopholes for certain businesses, investors and professionals as a way to raise more
Miss. gov’s budget proposal: No new taxes or fees
JACKSON — Mississippi Gov. Phil Bryant is proposing a $6.1 billion state budget that would put more money into education and public safety for fiscal
Council OKs revised fee-in-lieu with KiOR
Two companies providing materials to KiOR’s Columbus plant will join the renewable fuel manufacturer in paying a fee in lieu of city ad valorem taxes.
Poll: Older Americans nix Social Security changes
Raise the age at which you can begin collecting full Social Security benefits? Older Americans say no. They also veto reductions in the cost-of-living increase.
Miss. could rethink law on overdue taxes
JACKSON — State law currently requires the Mississippi Department of Revenue to garnish 100 percent of the wages of a government official or employee should
State revenue collections start out strong
JACKSON — Mississippi tax collections for the first quarter of the state’s fiscal year — July through August — are 5.9 percent above the estimate
County will raise pay without tax increase
Oktibbeha County supervisors approved a $29.63 million operating budget for the upcoming fiscal year that provides an across-the-board, 3 percent pay raise for full-time employees and allocates monies for East Mississippi Community College capital improvement projects.