Wednesday, July 30, 2008

Earned Income Tax Reminder!



Just received a notification from The LaMott Group on Yahoo reminding me that the quarterly earned
income tax is due on July 31st! (I mailed mine in last week!)

Just in case you didn't know it is a quarterly tax that is due every 4 months and it is a tax levied on one's earned income.

When you submit your quarterly tax you have to pay a 1% tax on the money you have earned for the past three months! If it is already taken out of your paycheck then you should be fine - BUT it is best to call the township to make sure!

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