Taxes
Business Taxpayers

Tax returns are due on April 15th of the subsequent year for calendar year businesses and within four (4) months of the fiscal year-end for fiscal year businesses.  Please refer to our Income Tax Ordinance.

Also, 90% of the tax liability is required to be paid by January 31st of the year following the tax year in question (or 30 days past the year-end for fiscal year filers).  If it anticipated that tax will be owed, a quarterly estimate must be filed and paid in order to avoid penalty and interest.  Estimate payments are due in (4) quarterly installments, due 30 days past the end of each quarter. 

An extension for filing the annual Amberley Village income tax return may be requested by businesses by submitting a written request or providing a copy of the Federal extension to the Tax Department prior to the due date of the return.  However, the extension, if granted, for filing the annual Amberley Village income tax return does not extend the date for payment of the tax.  Penalty and interest are assessed for late filing and payment.

Business Withholdings.  The Amberley Village Tax Ordinance required the withholding of the 2% earnings tax from the gross wages paid to any employee who works in Amberley Village.  Employers are liable for this tax whether or not it has been withheld.  The amounts withheld are considered held in trust for Amberley Village and must be remitted on a quarterly basis, due one month after the end of the quarter.  Failure to withhold and remit local tax for employees will result in interest and penalty assessments on the tax owed.

An Annual Reconciliation form that reconciles all the withholding payments made to Amberley Village with the withholding on the W-2’s is due by January 31st of the following year.  Copies of all W-2’s involved with Amberley Village must be attached to the reconciliation.