Friday, May 12, 2006

Local "Earned Income" Tax!

I'm not too fond of this little tax that has been imposed for this area.  I just filled out the quarterly form that has to be done every quarter.  There is no notification - meaning they don't send you any notification/reminder of it being due.  You have to remember to do this on your own.

For those of you that don't know about this tax, it is a 1% tax on a person's earned income that has to be paid quarterly.  In most cases your employer will automatically take this tax out of your paycheck but if not then you have to do it yourself.  There is a $3,000.00 minimum but regardless of how much you make it has to be reported.