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Re: Oh boy, another track in trouble.
[Re: pittsburghracer]
#1663842
08/27/14 09:35 AM
08/27/14 09:35 AM
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Joined: Sep 2003
Posts: 2,008
Sweet Home Alabama
MRMOPAR622
top fuel
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top fuel
Joined: Sep 2003
Posts: 2,008
Sweet Home Alabama
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I'm pretty sure it will all get worked out as you can see nothing is changed for the Big Race this weekend or the rest of the season.It looks like the IRS is more than Happy to keep it open and run it themselves.As it is within a 1 1/2-2 hour drive for me to race there,just run my new Street Calloway Corvette there a little over a month ago I have heard all the rumors.But I will wisely not repeat any of them till I know what is True and what is nothing but a Rumor.
"To Be The Man'You Have Got To Beat The Man"
"T/D and Pro-Bracket Racer"
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Re: Oh boy, another track in trouble.
[Re: MRMOPAR622]
#1663843
08/27/14 09:44 AM
08/27/14 09:44 AM
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Joined: Oct 2007
Posts: 3,978
Hilltown Pa
1967dartgt
master
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master
Joined: Oct 2007
Posts: 3,978
Hilltown Pa
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This is all over state taxes, not irs. The state is running the track right now.
Brett Miller W9 cnc'd heads
STR Chassis fabraction
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Re: Oh boy, another track in trouble.
[Re: 1967dartgt]
#1663844
08/27/14 09:56 AM
08/27/14 09:56 AM
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Joined: Feb 2005
Posts: 28,312
Cincinnati, Ohio
Challenger 1
Too Many Posts
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Too Many Posts
Joined: Feb 2005
Posts: 28,312
Cincinnati, Ohio
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Quote:
This is all over state taxes, not irs. The state is running the track right now.
From what I read was the owner was collecting sales tax from you and I and not turning over to the state. And then deducting state payroll taxes from there employees and not turning it over to the state.
That's stealing, I would not support any track owners like that. 
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Re: Oh boy, another track in trouble.
[Re: MRMOPAR622]
#1663846
08/27/14 12:08 PM
08/27/14 12:08 PM
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Joined: Oct 2007
Posts: 3,978
Hilltown Pa
1967dartgt
master
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master
Joined: Oct 2007
Posts: 3,978
Hilltown Pa
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I read she wasn't turning over the sales tax revenue and the state pulled the license and they continued to operate with no license. So the state was left no choice to confiscate the property.
Brett Miller W9 cnc'd heads
STR Chassis fabraction
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Re: Oh boy, another track in trouble.
[Re: 1967dartgt]
#1663847
08/27/14 12:16 PM
08/27/14 12:16 PM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
This is all over state taxes, not irs. The state is running the track right now.
the state is not running the track,I got an email form the Woods yesterday. track is open as normal. they are working with the state to solve the issue.
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Re: Oh boy, another track in trouble.
[Re: MRMOPAR622]
#1663848
08/27/14 12:20 PM
08/27/14 12:20 PM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
Of all the rumors that have been floating around,the only one I can say I agree on is something else must be going on.Who has ever heard of the Government be it State IRS or Federal just taking over a track and keep it up and running like nothings happen? 
don't listen to all the rumors
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Re: Oh boy, another track in trouble.
[Re: MRMOPAR622]
#1663849
08/27/14 12:27 PM
08/27/14 12:27 PM
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Joined: Nov 2003
Posts: 5,160
Texas
dannysbee
master
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master
Joined: Nov 2003
Posts: 5,160
Texas
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It's in the states best interest to keep the track open.
1. They have not got a conviction yet. If they close the track and then fail to convict the law suite would most likly be huge.
2. If the track remains open it provides jobs and a revenue source for the state.
3. It's politically the right move to make.
Getting old just means you were smarter than some and luckier than others.
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Re: Oh boy, another track in trouble.
[Re: 70AARcuda]
#1663853
08/27/14 02:20 PM
08/27/14 02:20 PM
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Joined: Jan 2003
Posts: 20,387
Park Forest, IL
slantzilla
Too Many Posts
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Too Many Posts
Joined: Jan 2003
Posts: 20,387
Park Forest, IL
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I was at 41 when the same thing happened. State Police came in and shut it down on a race night. Track stayed closed until the state got their money, it was open the following weekend. About the only thing that changed was Norm III could not come on the premises anymore. Hope they get things worked out at SGMP. $90K doesn't sound like a big pile of money for a facility like that to come up with, but it's big enough. 
"Everybody funny, now you funny too."
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Re: Oh boy, another track in trouble.
[Re: Quicktree]
#1663854
08/27/14 02:53 PM
08/27/14 02:53 PM
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Anonymous
Unregistered
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Anonymous
Unregistered
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Quote:
Quote:
This is all over state taxes, not irs. The state is running the track right now.
the state is not running the track,I got an email form the Woods yesterday. track is open as normal. they are working with the state to solve the issue.
Hellooooo....the Judge appointed someone to oversee the track....this isn't a crossword puzzle they are trying to "solve"....there are 2 felonies and someone went to jail.....these aren't rumors....
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Re: Oh boy, another track in trouble.
[Re: ]
#1663855
08/27/14 06:00 PM
08/27/14 06:00 PM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
Quote:
Quote:
This is all over state taxes, not irs. The state is running the track right now.
the state is not running the track,I got an email form the Woods yesterday. track is open as normal. they are working with the state to solve the issue.
Hellooooo....the Judge appointed someone to oversee the track....this isn't a crossword puzzle they are trying to "solve"....there are 2 felonies and someone went to jail.....these aren't rumors....
how in the hell would you know whats going on? answer you don't. the Woods are cooperating with authorities and this will be resolved. the state is not running the track. now crawl back in you ice hole up there.
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Re: Oh boy, another track in trouble.
[Re: Quicktree]
#1663856
08/27/14 06:58 PM
08/27/14 06:58 PM
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Anonymous
Unregistered
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Anonymous
Unregistered
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Quote:
Quote:
Quote:
Quote:
This is all over state taxes, not irs. The state is running the track right now.
the state is not running the track,I got an email form the Woods yesterday. track is open as normal. they are working with the state to solve the issue.
Hellooooo....the Judge appointed someone to oversee the track....this isn't a crossword puzzle they are trying to "solve"....there are 2 felonies and someone went to jail.....these aren't rumors....
how in the hell would you know whats going on? answer you don't. the Woods are cooperating with authorities and this will be resolved. the state is not running the track. now crawl back in you ice hole up there.
So, the newspapers, judges, prosecutors are all lieing...
http://valdostatoday.com/2014/08/south-georgia-motorsports-park-co-owner-turns-herself-in/
"Kimberly Wood turned herself in at the Cook County Sheriff’s Office around 2 p.m. Monday afternoon. She is being charged with one count of felony theft by taking-sales and one count of felony theft by taking-withholding.
The Cook County Superior Court has designated Albany Attorney Chris Cohilas as the court appointed receiver for the business and he will now be in charge of operations."
http://www.valdostadailytimes.com/news/article_fc45db82-2c8e-11e4-aed8-001a4bcf887a.html
“This is the result of a Georgia Department of Revenue investigation that has been going on for approximately two years,” said Genesi.
“Right now, she owes $90,000 to the Department of Revenue. We tried working with Ms. Wood to bring her to compliance. However, Ms. Wood was uncooperative and, ultimately, we revoked her sales license in August.”
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Re: Oh boy, another track in trouble.
[Re: ]
#1663857
08/27/14 07:38 PM
08/27/14 07:38 PM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
Quote:
Quote:
Quote:
Quote:
This is all over state taxes, not irs. The state is running the track right now.
the state is not running the track,I got an email form the Woods yesterday. track is open as normal. they are working with the state to solve the issue.
Hellooooo....the Judge appointed someone to oversee the track....this isn't a crossword puzzle they are trying to "solve"....there are 2 felonies and someone went to jail.....these aren't rumors....
how in the hell would you know whats going on? answer you don't. the Woods are cooperating with authorities and this will be resolved. the state is not running the track. now crawl back in you ice hole up there.
So, the newspapers, judges, prosecutors are all lieing...
http://valdostatoday.com/2014/08/south-georgia-motorsports-park-co-owner-turns-herself-in/
"Kimberly Wood turned herself in at the Cook County Sheriff’s Office around 2 p.m. Monday afternoon. She is being charged with one count of felony theft by taking-sales and one count of felony theft by taking-withholding.
The Cook County Superior Court has designated Albany Attorney Chris Cohilas as the court appointed receiver for the business and he will now be in charge of operations."
http://www.valdostadailytimes.com/news/article_fc45db82-2c8e-11e4-aed8-001a4bcf887a.html
“This is the result of a Georgia Department of Revenue investigation that has been going on for approximately two years,” said Genesi.
“Right now, she owes $90,000 to the Department of Revenue. We tried working with Ms. Wood to bring her to compliance. However, Ms. Wood was uncooperative and, ultimately, we revoked her sales license in August.”
no kidding Einstein, the track is running as scheduled with the Woods running it. they have an agreement. but you can rely on what you read if you choose.
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Re: Oh boy, another track in trouble.
[Re: Quicktree]
#1663858
08/27/14 08:28 PM
08/27/14 08:28 PM
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Anonymous
Unregistered
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Anonymous
Unregistered
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Quote:
[
So, the newspapers, judges, prosecutors are all lieing...
http://valdostatoday.com/2014/08/south-georgia-motorsports-park-co-owner-turns-herself-in/
"Kimberly Wood turned herself in at the Cook County Sheriff’s Office around 2 p.m. Monday afternoon. She is being charged with one count of felony theft by taking-sales and one count of felony theft by taking-withholding.
The Cook County Superior Court has designated Albany Attorney Chris Cohilas as the court appointed receiver for the business and he will now be in charge of operations."
http://www.valdostadailytimes.com/news/article_fc45db82-2c8e-11e4-aed8-001a4bcf887a.html
“This is the result of a Georgia Department of Revenue investigation that has been going on for approximately two years,” said Genesi.
“Right now, she owes $90,000 to the Department of Revenue. We tried working with Ms. Wood to bring her to compliance. However, Ms. Wood was uncooperative and, ultimately, we revoked her sales license in August.”
no kidding Einstein, the track is running as scheduled with the Woods running it. they have an agreement. but you can rely on what you read if you choose.
COURT APPOINTED RECEIVER is in charge.....you can choose to ignore facts if you want......she was Un-Cooperative...until she was charged with 2 felonies and got locked up....hopefully this all works out for everyone involved.
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Re: Oh boy, another track in trouble.
[Re: ]
#1663859
08/27/14 09:13 PM
08/27/14 09:13 PM
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Joined: Jan 2003
Posts: 32,394
Quicktree
I Win
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I Win
Joined: Jan 2003
Posts: 32,394
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Quote:
Quote:
[
So, the newspapers, judges, prosecutors are all lieing...
http://valdostatoday.com/2014/08/south-georgia-motorsports-park-co-owner-turns-herself-in/
"Kimberly Wood turned herself in at the Cook County Sheriff’s Office around 2 p.m. Monday afternoon. She is being charged with one count of felony theft by taking-sales and one count of felony theft by taking-withholding.
The Cook County Superior Court has designated Albany Attorney Chris Cohilas as the court appointed receiver for the business and he will now be in charge of operations."
http://www.valdostadailytimes.com/news/article_fc45db82-2c8e-11e4-aed8-001a4bcf887a.html
“This is the result of a Georgia Department of Revenue investigation that has been going on for approximately two years,” said Genesi.
“Right now, she owes $90,000 to the Department of Revenue. We tried working with Ms. Wood to bring her to compliance. However, Ms. Wood was uncooperative and, ultimately, we revoked her sales license in August.”
no kidding Einstein, the track is running as scheduled with the Woods running it. they have an agreement. but you can rely on what you read if you choose.
COURT APPOINTED RECEIVER is in charge.....you can choose to ignore facts if you want......she was Un-Cooperative...until she was charged with 2 felonies and got locked up....hopefully this all works out for everyone involved.
very old news,a lot of things have happened sense then. better worry about your own backyard up there.
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Re: Oh boy, another track in trouble.
[Re: Quicktree]
#1663860
08/27/14 10:11 PM
08/27/14 10:11 PM
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Anonymous
Unregistered
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Anonymous
Unregistered
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Quote:
Quote:
Quote:
[
So, the newspapers, judges, prosecutors are all lieing...
http://valdostatoday.com/2014/08/south-georgia-motorsports-park-co-owner-turns-herself-in/
"Kimberly Wood turned herself in at the Cook County Sheriff’s Office around 2 p.m. Monday afternoon. She is being charged with one count of felony theft by taking-sales and one count of felony theft by taking-withholding.
The Cook County Superior Court has designated Albany Attorney Chris Cohilas as the court appointed receiver for the business and he will now be in charge of operations."
http://www.valdostadailytimes.com/news/article_fc45db82-2c8e-11e4-aed8-001a4bcf887a.html
“This is the result of a Georgia Department of Revenue investigation that has been going on for approximately two years,” said Genesi.
“Right now, she owes $90,000 to the Department of Revenue. We tried working with Ms. Wood to bring her to compliance. However, Ms. Wood was uncooperative and, ultimately, we revoked her sales license in August.”
no kidding Einstein, the track is running as scheduled with the Woods running it. they have an agreement. but you can rely on what you read if you choose.
COURT APPOINTED RECEIVER is in charge.....you can choose to ignore facts if you want......she was Un-Cooperative...until she was charged with 2 felonies and got locked up....hopefully this all works out for everyone involved.
very old news,a lot of things have happened sense then. better worry about your own backyard up there.
Yes, VERY old news....24 hours at least......and I am sure things have changed immensely....she made bail...yeehawww
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