Saturday, January 12, 2008

Think you are the only one with tax problems? Check out this TOWN...

FAST FACTS: TOWN OWES ALMOST $400,000.00
"SECRET SANTA" OFFERS $100,000.00
LOAN
ACCOUNTANT SAYS IRS UNLIKELY TO ACCEPT SETTLEMENT OFFER

(Como, MS 1/8/2008) A secret Santa had stepped in to save the town of Como but now it looks like that gift may have to be returned just like that Christmas sweater that doesn't fit. Lots of folks in Como knew about the town's "secret Santa" who wanted to loan the down 100 grand, but that's about all they knew. "Yeah, I heard all about that. Believe me, it wasn't me." said William Wilbourn of Como. The plan was, to use the money, a loan, to make the IRS a settlement offer. But now the town's accountant says there's almost no chance Uncle Sam would take the deal."It's just the offer in compromise would probably not gonna happen, that the IRS they just simply not a tool they use much." said City Attorney Parker Still. It puts the town in an awful position of juggling it's finances from week to week. Meantime, Como continues struggling with its financial woes. The town delayed this week's payroll until next week so it could pay a 40-thousand dollar gas bill due this Thursday. So where does that leave the so-called "secret Santa" gift? "It doesn't kill the deal because what we have in this benefactor is somebody who wants to help the city." Still explained. And he says there are probably more out there who might come forward IF the town can gain control of it's spending. "The main thing I think, if we could just find, you know, where the leaking bucket is so to speak and go from there." said Sledge Taylor of Como. So far, concerned townsfolk have put together something called the "Como Rescue Fund" to pay for a few vital needs. Some here say that spirit might just save the town. "We can work strongly together, but if we don't come up with the money, that part is still gonna exist." said Wilbourn. So, the bottom line is... well.... The bottom line. The town is slowly paying its debts, but that's leaving some services, unmet. There's even talk of laying off the town police department and letting the Sheriff step in. For now, it's all being worked out day to day, secret Santa, or not.

Straight No Chaser sings Superhero

Straight No Chaser Sings Stand By Me....

Straight No Chaser Sings This is how we do it...

Straight No Chaser sings Bless The Broken Road