New earned income tax rules listed for Carbon employers
Carbon Tax Collection District will sponsor a tax seminar for employers located in Carbon County to review new earned income tax law changes.
Central Tax Bureau of Pennsylvania, the district's earned income tax officer, will host the seminar, at 7 p.m., Thursday, Oct. 13, in the Jim Thorpe High School multi-purpose room.
Focus of the session will be on changes mandated by Act 32 of 2008 for withholding earned income tax and filing employer tax reports.
Act 32 ushered in a new earned income tax collection system throughout the state.
As part of the new tax collection system, the state, except in Philadelphia and Allegheny counties, created tax collection districts that essentially follow boundaries of the county where the Tax Collection District is located. Alleghany County has four such districts. Philadelphia is exempt from Act 32 mandates.
Each tax district is governed by a tax collection committee composed of delegates appointed from each municipality and school district in the TCD.
One requirement imposed on Tax Collection Committees, including the Carbon Tax Collection Committee, was to appoint one tax collector to collect EIT throughout the tax district.
Carbon TCC appointed CENTAX as district EIT collector, with collections to begin Jan. 1, 2012.
Act 32 requires several changes employers must follow in withholding the tax from an employee's paycheck.
Employers may also find information on Act 32 at the state Department of Community and Economic Development Website, munstatspa.dced.state.pa.us.