SC business notebook, July 25

07/25/2013 12:22 AM

03/11/2015 6:17 PM

2 tax preparers barred from touching anyone else’s returns

Two tax preparers accused of swindling the federal government out of millions are not allowed to touch another person’s federal income taxes ever again. A permanent injunction was filed Tuesday against Stacy Middleton and George Jenkins, both of them tax preparers for MBM Tax Services. Middleton worked out of the Charleston office on King Street. Jenkins worked out of the company’s Blythewood office. The company’s website was no longer available on Wednesday. In its place, a message stated the website domain name had expired on July 16 and is pending renewal or deletion. The federal government had previously filed an injunction on Tax Day, seeking to stop Middleton and Jenkins. Criminal charges have not been filed against the two men. But they may have cost the federal government $55 million, according to federal authorities.

DOE advisory group votes against storing nuclear waste at SRS

A group that advises the U.S. Department of Energy has voted against storing nuclear waste at the Savannah River Site near Aiken. In 2011, the Obama administration scuttled plans to use Nevada’s Yucca Mountain as a long-term waste storage facility. Congress is currently considering other permanent options, and Savannah River is being discussed as a potential interim storage site.

Regional economic group proposes spending $60 million to attract business, industry to Grand Strand

The Myrtle Beach Regional Economic Development Corp. has proposed spending $60 million over the next 15 years to help attract business and industry to the Grand Strand. The Sun News of Myrtle Beach reports that the plan released Tuesday calls for about $40 million to be used to create industrial sites in Horry County. The rest would be devoted to recruitment efforts. The corporation says some of the money could come from either a tax increase or extending a current tax that funds new roads.

The Associated Press contributed.

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