Here are some news releases from around the web that will give you an idea of what is happening to businesses, individuals, families, and estates.
Jasper County, Reasnor at impasse on city’s back taxes
Well, that’d be my advice, to get some legal advice … somebody dropped the ball somewhere, and I don’t want to lay blame,” Jasper County Board of Supervisors Chairman Joe Brock told Reasnor Mayor Cliff Vos at Tuesday’s meeting.
Vos was making his second consecutive appearance in front of the board in an effort to try and resolve his city’s issue of back taxes to the county. Reasnor is currently behind on its county taxes for several parcels the city owns, some of which are exempt as they are under Federal Emergency Management Agency
More at Jasper County, Reasnor at impasse on city's back taxes - Newton Daily News
Walleyes Pub license renewed, but owner faces back taxes, short deadline
The owner of Walleyes Pub has 20 days to pay back taxes, get the Sixth Avenue building inspected and resume operations if he wants to claim the liquor license the Oshkosh Common Council renewed for him on Tuesday.
The council voted unanimously to renew Walleyes’ license, but it was about the only good news owner Paul Ulrich got in the process.
...More at Walleyes Pub license renewed, but owner faces back taxes, short deadline - The Oshkosh Northwestern
Columbus schools will benefit as Fort Rapids pays back taxes
The estate of a man who had owned Fort Rapids Indoor Water Park paid more than $1.5 million in back taxes yesterday, clearing the way to keep the property out of foreclosure.
The East Side hotel and indoor water park has been in financial trouble for at least the past six years, and property taxes for the facility had not been paid since 2011, said county Treasurer Ed Leonard’s office.
Leonard, who filed a lawsuit for foreclosure against the park’s owners in 2013, said he estimates the payoff should generate about $1 million in overdue tax payments to the Columbus City Schools.
He said the county filed the lawsuit because it has an obligation “to make sure the schools and community taxing agencies have the revenue they need.”
The water park was featured as part of a 2012 Dispatch investigation into troubled central Ohio properties that could leave city and county taxpayers on the hook should they be abandoned by their owners.
...More at Columbus schools will benefit as Fort Rapids pays back taxes - Columbus Dispatch
One Hundred North Main owes $55K in back taxes
The owners of the tallest building in Memphis at the end of May owed $55,000 to both the city and Shelby County.
That 38-story building owned by One Hundred North Main LLC at 100 N. Main St. in Downtown Memphis was No. 3 on a list of the top five delinquent properties in ZIP code 38103 as of May 30, according to the Shelby County Trustee's Office.
To see more details about what the owners of that property and the others on our list owe the city and county, click here.
...More at One Hundred North Main owes $55K in back taxes - Memphis Business Journal (blog)
Federal employees owe $3.3B in back taxes
WASHINGTON — Federal employees owe a total of $3.3 billion in back taxes to the federal government, according to Internal Revenue Service data released Thursday.
In all, 318,462 federal employees owed back taxes as of last Sept. 30 — an increase of 2.6% from the previous year. That puts the average tax bill at $10,391, according to IRS data obtained by USA TODAY under the Freedom of Information Act.
But federal workers are better at paying their taxes than the average taxpayer. Their delinquency rate of 3.19% is far lower than the 8.7% for the population at large.
Some federal workers are worse than others. The non-payment rate for employees of the House of Representatives is 4.87%. In the Senate, it's 3.24%. That's 714 tax delinquents on Capitol Hill owing a total of $8.6 million — more than one for each representative or senator. Thirty-six employees in the Executive Office of the President are delinquent on their taxes, for a rate of 2.06%.
...More at Federal employees owe $3.3B in back taxes - USA TODAY