IRS Seizes Funds From Town

Save

Posted: 11:43 AM Sep 4, 2008
Last Updated: 11:43 AM Sep 4, 2008

0 comments

A | A | A

A Kentucky town is some hot water with the IRS.

Tax officials say Raceland, in Greenup County, didn't pay its 2006-2007 federal taxes, so the IRS seized nearly one hundred thousand dollars from the city.

At an emergency meeting, Raceland's mayor blamed the IRS for not sending out proper payment notices, but city council members are blaming poor communication among city officials.

Raceland officials plan on borrowing 75,000 dollars from a bank to help get the city through the fiscal year.

More Stories
Three Year Old Victim's Family Speaks Out

Ramon Harris Released From Hospital

Closed Auto Parts Factory Has Town Considering Bankruptcy

Whooping Cough On The Rise Statewide

Family Says Mom Didn't Give Alcohol to Teens

Police: Dead Ex-Con Linked To Missing Girl Case

Two Central Kentucky Homes Destroyed By Fire

Investigators Back On Scene Of Industrial Park Fire

	Rental Guide Video tours to help you find your next apartment.

	Holiday Gift Guide Looking for great gift ideas??

	Happy Hour Deals Save 50% from local merchants.

	Desktop Alert Download weather alerts to your computer desktop.

	Classifieds THE place to buy and sell items. Most ads free.

	Experts Got a question? Ask our Health Experts.

	WKYT Archives Looking for a video clip?

	Everyday Heroes Is someone you know a hero?

	Crime Find out how Ray Larson is stopping crime.

	Crimestoppers Help bring criminals to justice.

WKYT Mobile