QuoteThe Florida Times-Union
December 18, 2007
Jacksonville to pay IRS $140,380 in back taxes
By MARY KELLI PALKA,
The Times-Union
Jacksonville has agreed to pay $140,380 to the Internal Revenue Service after a recent audit uncovered record-keeping flaws.
The IRS found the city allowed employees to use city-issued phones for personal business, without counting any portion of the service as taxable income, allowed some retirees to defer more income than legally allowed and allowed other retirees to improperly use tax-deferred income to pay health insurance premiums.
"We take contact with the IRS very seriously, and we also take responsibility to employees and retirees seriously," said Mayor John Peyton's spokeswoman Susie Wiles.
Here's what happened and how the city is going to remedy the problems.
Full Article:
http://www.jacksonville.com/tu-online/stories/121807/met_226358334.shtml
The good 'ol boy network is still chugging along at full steam.
'yyyyep