New Brockton feels wrath of IRS


New Brockton town owes the IRS more than $44,000 in unpaid taxes in 2010. As a result, the IRS recently placed a levy on New Brockton town accounts for failing to remit taxes. But town Mayor Lenwood Herron said the levy has since been released. IRS records reveal that the levy was lifted July 14 for “all property, rights to property, money, credits and bank deposits greater than $5,131.11.” Mayor Herron also disclosed bank statements showing five of the town’s 14 accounts at Troy Bank and Trust released from the levy by July 18. Last July, the IRS issued a levy notice to the town stating that it did not pay its taxes for 3 out of 4 quarters in 2010, including taxes of almost $40,000 (with penalties) for the second and third quarters of last year. Then on July 12, New Brockton submitted their quarterly employer tax return filings for the fourth quarter of 2010 and the first two quarters of this year to the IRS.

According to Mayor Herron, $5,000 has been paid towards the first and second quarters of this year. The amount due for both quarters came up to more than $20,600. Following the levy release, the town was able to pay salaries to its employees.

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