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Top Answers: Who is required to file a Lapeer City Individual Income Tax return?
Residents of the city must file
on income earned regardless of where earned. Non-residents
must file on income earned in the City of Lapeer.
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What is the tax rate for the City of Lapeer Income Tax?
- Individual Resident: 1%
- Individual Non-Resident:
.5%
- Corporate: 1%
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What are the penalty and interest charges if I pay my income
tax late?
The Department of Treasury, State of Michigan, establishes the
current interest rate on income tax delinquencies.
This rate changes every six months on January 1
and July 1.
Penalty is calculated at a rate
of 1% per month with a maximum of 25%.
Estimated tax payments are not
underpaid if they equal 70% of the tax due on the
final return or 70% of the tax due on the return
for the preceding year. Underpaid estimated taxes
are charged interest at prevailing per annum interest
rates and penalties.
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How long must I wait for a tax refund?
Refunds are paid normally with 60 days of filing or 45 days after
April 30, whichever is later. In case a return
is audited, refunds can be delayed depending on
the taxpayer’s response time. Top
When is the due date for employers to file the Annual Reconciliation
(LW-3) and W-2s?
February 28 of the following year.
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Can the Annual Reconciliation (LW-3) and W2s be filed electronically?
Yes, contact us at (810) 667-7155 or email for formatting requirements.
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I filed a previous year refund and I was denied. Why?
Refunds may have been applied against prior delinquent assessments
or may be barred by Statute of Limitations. Claims
for refunds must be made within three years from
the date the payment was made or from the date
the tax return was due. A 1999 tax return due on
April 30, 2000 would be entitled to a refund up
to April 30, 2003. Top
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