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Farewell Mudpuppys/Jazz Street
Posted: August 10th, 2009, 7:12 pm
by Chris Lang
IRS shut 'em both down today. Say what you want to say about the joint, but I loved that Sunday wing special. Had a plate of 16 hot wings last night, in fact. And with one less place to watch Sunday football, B-dubs will be even more packed than usual.
Re: Farewell Mudpuppys/Jazz Street
Posted: August 10th, 2009, 7:42 pm
by LUconn
maaaaaaaaaaaan, I was planning to go there a few times this season. I was looking forward to it. So, what, they didn't pay their taxes? Not a real smart way to run a business.
Re: Farewell Mudpuppys/Jazz Street
Posted: August 10th, 2009, 8:28 pm
by Chris Lang
Yeah. For some reason they chose not to play their city food taxes, and it added up. I've heard they were anywhere from between $200K and $400K in debt to the gov't. Not good.
Re: Farewell Mudpuppys/Jazz Street
Posted: August 10th, 2009, 9:12 pm
by Liberty4Life
If Mudpuppy's couldn't afford to stay in business, they should have burned the placed down and collected the insurance money...
...like they did before.
Re: Farewell Mudpuppys/Jazz Street
Posted: August 11th, 2009, 12:41 pm
by Kolzilla41
Their accountant stole over 100K from them.
Re: Farewell Mudpuppys/Jazz Street
Posted: August 11th, 2009, 1:51 pm
by Liberty4Life
flamerbob wrote:Their accountant stole over 100K from them.
Who was their accountant, Bernie Madoff? Sux...
Re: Farewell Mudpuppys/Jazz Street
Posted: August 11th, 2009, 6:24 pm
by RagingTireFire
flamerbob wrote:Their accountant stole over 100K from them.
That's what I would have said, too.
Re: Farewell Mudpuppys/Jazz Street
Posted: September 6th, 2009, 1:30 am
by matshark
yeah, maybe if they'd paid their taxes instead of pocketing the money they'd still be in business. btw, wasnt the first time it'd happened.
here's a hint, you don't go $200k in tax debt in two years without having some SERIOUS sales and cashflow... (i.e. the sales tax is built into the price of the food, etc...)