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Post by bobbbiez on Nov 18, 2009 18:01:00 GMT -5
 I am in shocked that this most popular downtown restaurant has been seized and closed by the state due to not paying their taxes.  Sure as hell can't be for the lack of business. We go there quite often and the place is always packed. The food was great. What a shame to lose such a good restaurant. 
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Post by concerned on Nov 19, 2009 7:32:51 GMT -5
I was also surprized when the news came over the air. In the summer, I go there and enjoy a nice Gin and Tonic once a week while sitting outdoors and watching the tourist's go by.
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Post by bobbbiez on Nov 19, 2009 13:55:55 GMT -5
Yeah, and I can't believe it was only for back taxes in the amount of $6,000. Something not right there. Must be we don't know the whole story. 
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Post by Clipper on Nov 19, 2009 14:03:06 GMT -5
Reading the article, and the previous citations leads me to believe that the great food and atmosphere didn't save the place because poor management and not paying the bills caught up with them. It sounds as though it is a matter of not living up to their responsibility to maintain their taxes. So many successful restaurants go down the tubes for non payment of sales tax, property taxes, or not paying their suppliers. Nothing will sink a bar and restaurant faster than being placed on a "cash and carry" status with the vendors that service the place.
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Post by corner on Nov 19, 2009 16:26:47 GMT -5
maybe just maybe, its because their name isnt Sullivan?
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Post by dgriffin on Nov 19, 2009 16:48:28 GMT -5
Sounds to me like failure to pass along the sales tax receipts, rather than property taxes, etc. Or possibly payroll taxes. The State gets REALLY pissed when a business collects taxes and keeps them instead of sending the money to Albany. When a business can't pay a vendor, he will sometimes use the tax money. Bad decision. Some years ago a nearby gas station operator got caught doing that. The State closed down his business, took his building, his tools, even his house. Yeah, I know they supposedly can't do the latter. But when it's come up with cash or go to jail, people will sell anything.
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Post by corner on Nov 19, 2009 20:37:19 GMT -5
probably true in the days when i had a sales tax license i had to file quarterly whether i had business or not for the quarter
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Post by snickers on Nov 20, 2009 14:17:21 GMT -5
Sounds to me like failure to pass along the sales tax receipts, rather than property taxes, etc. Or possibly payroll taxes. The State gets REALLY pissed when a business collects taxes and keeps them instead of sending the money to Albany. When a business can't pay a vendor, he will sometimes use the tax money. Bad decision. Some years ago a nearby gas station operator got caught doing that. The State closed down his business, took his building, his tools, even his house. Yeah, I know they supposedly can't do the latter. But when it's come up with cash or go to jail, people will sell anything. Yeah, the State gets all sorts of cranky about non-payment of taxes.....with one HUGE exception. It's a shame this young man couldn't claim to be "Too Big To Mess With", or at the very least "of an oppressed minority". |
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Post by bobbbiez on Nov 20, 2009 14:51:03 GMT -5
Today in the OD the owner apologized to his costumers and stated he will be re-opening. Sounds like it was just his screw-up.  Ya just got to do what is expected of you to keep your business going. Especially when your business is doing quite well as his was.
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Post by bobbbiez on Nov 21, 2009 22:46:24 GMT -5
257 Steakhouse back opened for business. ;D Yep, seems to me the owner done messed up and cleared all with the state. They opened back up yesterday. Hopefully, now he'll keep on his toes. Be a shame for such a thriving business to go down the drain for stupid reasons.
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Post by snickers on Dec 1, 2009 21:45:09 GMT -5
Good for him! I wish him grand success.
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Post by bobbbiez on Jan 7, 2010 12:23:29 GMT -5
Gone out of business, Closed for good. Saw that coming.
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Post by Swimmy on Jan 7, 2010 12:42:29 GMT -5
bummer. they had great prime rib and fries.
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Post by Clipper on Jan 7, 2010 12:51:45 GMT -5
A business can survive poor financial management for a period of time when times are good, but with the economy being what it is now, you can't survive when you are shuffling money to cover your ass from day to day, and you CERTAINLY can't dodge the tax folks.
It is a sad day. The food there was great.
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Post by Swimmy on Jan 7, 2010 12:59:11 GMT -5
Agreed. btw, i'm only replying because I very much despise the number 13 and refuse to have it be there for long. You have no idea how tempted I was to make a sock account when we had 213 members, just to make it 214. But thankfully, spud took care of that.
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I am in shocked that this most popular downtown restaurant has been seized and closed by the state due to not paying their taxes. 
