A. Taxpayers shall comply with the following requirements concerning returns, payments, pre-payments and extensions.
B. Taxes shall be determined for:
1. Payroll: each quarter of the calendar year, and the tax due for each quarter of the calendar year shall be paid on or before April 30, July 31, October 31 and January 31.
2. Annual payroll: The Collector may authorize annual payroll tax reporting for a taxpayer whose reporting history indicates the business does occasional work within the local transit area resulting in tax due of $120 or less per year, or an average of $30 or less per quarter. The tax due for each calendar year shall be paid on or before January 31 of the following year. It is the responsibility of the taxpayer to notify the Collector and increase the reporting frequency to quarterly when the tax due exceeds the maximum limits for the annual reporting frequency. Failure to do so may be deemed negligence or evasion, and penalties may apply. Failure to file returns timely, without good cause shown to the satisfaction of the Collector, is sufficient cause for the Collector to deny future annual filings by the taxpayer.
3. Self-employment: annually the tax due for each calendar year shall be paid on or before April 15.
C. Each taxpayer shall file a return, on a form to be furnished by the Collector, and file the same along with payment of the tax, on or before the date payment is due. Taxpayers are required to file a zero tax due return if no tax is owed.
D. Extensions for filing may be granted by the Collector for good and sufficient cause shown, such as events outside the control of the taxpayer and which could not have been avoided by prudent business practices. To be eligible for an extension, requests must be received in writing prior to the tax payment due date. These extensions shall be for not more than 30 days for quarterly and annual payroll taxpayers or 6 months for self-employment taxpayers. Extensions are for more time to file a return only. A payment must be made based on an estimated return by the original due date to avoid penalty and interest charges. If the Collector grants an extension under this section, the taxpayer shall pay interest at the rate of 1.5% per month on the balance of any unpaid payroll and self-employment tax due and shall pay no other penalty if filed and account made current by the extension deadline; otherwise penalties, fees and interest could be accrued from the original filing deadline.
(Ord. 1081, passed 11-21-2001; Am. Ord. 1391, passed 12-4-2013)