Hemingford Board approves loan to pay taxes owed IRS
Hemingford has worked out an agreement with the IRS to pay off the delinquent payroll withholding taxes owed by the Hemingford Community Care Center.
An audit earlier this year found the nursing home was 2 years behind on its payroll taxes, with the total coming to about $250,000 when interest and penalties was included.
RHD...the management company that operates the Care Center for Hemingford....had dropped the total through payments and negotiations to $101,000 as of two weeks ago.
Half of that will be paid off with a 6-month, 4.75% interest $50,000 loan from the Bank of the West that will go directly to the IRS for the taxes accrued in the first quarter of this year. The remaining $51,000 will be paid off by the village at a rate of $5,000 a month.
RHD blamed the delinquent taxes on on problems using the IRS electronic transfer service.
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