|
|
|
Income Tax Eximates
Income Tax
Estimates
- The City of Cuyahoga Falls requires persons who may reasonably expect to
owe more than $100.00 in tax for the current filing year to make quarterly
estimated tax payments.
- For “calendar year” taxpayers, installments are due April 30,
July 31, October 31, and January 31.
- For “fiscal year” taxpayers, primarily businesses whose year
end is other than December 31, quarterly estimates are due on or before the
last day of the fourth, seventh, tenth, and thirteenth month after the beginning
of the taxpayer’s taxable year.
- To avoid penalty and interest, all four quarterly payments, as well as
70% of your current year actual tax liability, must be paid by December 31
for “calendar year” taxpayers and by the last day of the taxable
year for “fiscal year” taxpayers.
- To amend your declaration of estimated tax for the current year, please
notify us in writing of your change.
Please feel free to contact your City Income Tax Department if any questions
should arise. Our phone number is 330/971-8220. Normal office operating hours
are Monday through Friday 8:00am to 5:00pm.
|
