(a) Beginning after 2003, each taxpayer, except as herein provided, shall whether or not a tax be due thereon, make and file a tax return on or before April15 of the year following the effective date of this chapter, and on or before April 15 of each year thereafter. When the return is made for a fiscal year or other period different from the calendar year, the return shall be filed on or before the 15th day of the fourth month following the end of such fiscal year or period.
(b) The tax return shall be filed with the Finance Director on a form setting forth and including:
(1) The aggregate amounts of gross salaries, gross wages, commissions and other compensation earned, including, but not limited to, earnings, payments, bonuses, and fees received by a person, professional, broker, contractor, subcontractor, independent contractor and gross income from business, profession or other activity, less ordinary, reasonable, and necessary expenses incurred in the acquisition of such gross business income earned during the preceding year and subject to said tax; and
(2) The amounts of the tax imposed by this chapter on such earnings and profits; and
(3) The taxpayer must file with his/her Municipality Tax Return copies of all W -2 forms, 1099 Miscellaneous Income Forms, Page one of Form 1040, Form 1040 Schedule C (including cost of goods manufactured and/or sold), Form 1040 Schedule E, Pages one and two of Form 1120, Form 1120S (including Form K-1), Form 1065 (including Form K-1), and any other Federal Income Tax Schedules when applicable.
(4) Such other pertinent statements, information returns, or other information as the Finance Director may require.
(c) The Finance Director shall extend the time for filing of the annual Municipality return if a copy of the taxpayer's request for a Federal Income Tax filing extension is timely filed with the Finance Director. No extension may exceed six (6) months or one (1) month beyond the extension requested of or granted by the Internal Revenue Service for the filing of the Federal income tax return and will not be approved for a period less than the Federal extension request.
The request for extension shall be filed by the taxpayer with the Finance Director not later than the last day for filing the Municipal income tax return as prescribed by this Section 183.06(a). The Finance Director may require a tentative return accompanied by payment of the amount of tax shown to be due thereon, to be filed by the taxpayer by the date the tax return is normally due. The Finance Director may deny a taxpayer's request for extension only if the taxpayer fails to timely file the request, fails to file a copy of the request for the Federal Income Tax extension, owes the Municipality any delinquent income tax or any penalty, interest, assessment or other charge for the late payment or non-payment of income tax, or has failed to file any required income tax return, report or other required document for a prior tax period. The granting of an extension for filing this Municipality's income tax return does not extend the last date for paying the tax without penalty unless the Finance Director grants an extension of that date.
(d) (1) The Taxpayer making a tax return shall, at the time of filing thereof, pay to the Canfield City Income Tax Department the amount of taxes shown as due thereon.
(2) A Taxpayer who has overpaid the amount of tax to which this Municipality is entitled under the provisions of this chapter may have such overpayment applied to the following year's estimated tax or against any subsequent liability hereunder, or, at his election, as indicated on the return, such overpayment shall be refunded.
(3) No additional taxes or refunds of less than one dollar ($1.00) shall be collected or refunded.
(e) (1) Amended Returns:
A. When necessary, an amended return must be filed in order to report additional income and pay any additional tax due, or to claim a refund of overpaid tax, subject to the requirements and/or limitations contained in Sections 183.12 and 183.16. Such amended returns shall be on a form obtainable on request from the Finance Director.
B. A taxpayer may not change the method of accounting or apportionment of income or net profits after the due date for filing the original return.
C. When, after any Internal Revenue Service or State audit has resulted in any change in the taxpayer's income, subject to the Municipality's income tax, the taxpayer must file an amended Municipality tax return, for the year or years audited, within three (3) months of the final determination date of such audit and pay any additional Municipality tax due thereon or make a claim for refund for any overpayment.
(Ord. 2013-37. Passed 11-20-13.)