Financial

A longtime employee of the Bank of San Jacinto County in Coldspring has pleaded guilty to embezzling thousands of dollars from the bank over a period of years.  She could be sent to prison for a long time.

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Push has finally come to shove at Lon Morris College in Jacksonville. Facing the worst financial crisis in its 158 year history, and acting on the advice of outside consultants, the Lon Morris Board of Trustees has furloughed the school's faculty and staff and shut the school down.

The small private two year college is teetering on the brink of oblivion, but hoping to reopen in the fall.

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Lon Morris College in Jacksonville is in serious trouble. It may be forced to close if it can't solve its financial problems.  That's why the private two-year college is looking to hire a firm that specializes in reorganization to help it keep the doors open.

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Best Buy has released the list of its under-performing stores that will be closed in the coming weeks, and you'll be glad to know the Lufkin store is NOT on the list.  In fact, only two Texas stores are on the list -- one in Austin, the other in San Antonio.

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The deadline for filing your federal income tax return is now in sight -- midnight Tuesday April 17th -- you can see it from here.  It's time to "render unto Caesar."

If you haven't done any tax planning, learning that you have a big tax bill can be a huge surprise -- a shock to the system.  And in some cases, it can be so big that many taxpayers can't pay it in full, right now.

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With mortgage interest rates at historic lows, millions of Americans are deciding to refinance their houses and get lower rates.  So the answer to the question in that headline is YES.  There has never been a better time to take a walk down ReFi Street.

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