Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where can I find a copy of the Akron Income Tax Ordinance and Rules and Regulations?

0
Posted

Where can I find a copy of the Akron Income Tax Ordinance and Rules and Regulations?

0

Both the Income Tax Ordinance and the Rules and Regulations can be viewed or printed from our website. GENERAL INFORMATION Form 2106 We apply the same guidelines to 2106 expenses as does the federal government; i.e., expenses must be carried forward to Schedule A and then reduced by the 2% factor. We allow the remaining expense, subject to audit and approval by the Income Tax Division. For verification it is necessary that a copy of Schedule A also be submitted if the taxpayer is submitting a form 2106. Please note: other miscellaneous deductions shown on Schedule A are not deductible on Akron’s tax return. S Corporations The municipal income tax imposed on a resident S Corporation (one with a physical presence within the corporate boundaries of Akron) is on the entity rather than the individual member. There is also an Akron income tax levied on the distributive share of a resident owner of a non-resident, Ohio S Corporation. This individual must complete Worksheet SE to calculate the

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123