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1. If I have no tax liability, do I still need to file a tax return?

Yes, a return must always be filed even if there is no tax due. There is a minimum $10 penalty for each non-filed return regardless of the tax amount due.

2. When are my taxes due?

Tax returns are generally due on the 20th of the month following the reporting period. If the 20th falls on a holiday or a weekend, the due date is the next business day.

3. Is my tax return on time?

For a tax return to be considered timely filed, it must meet the following conditions:
• Hand delivered to the front desk at Town Hall on or before the due date of the return and the return must be stamped by Town staff with the date received.
• Postmarked on or before the due date of the return. Postmarked means date stamped by the USPS or any other third party mail carrier.
• Metered on or before the due date of the return AND received within 7 calendar days of the due date. Metered postage is regulated postage amounts printed onto an envelope for means of mailing. Date of metering is not considered the date of mailing.
• Metered on or before the due date of the return and date stamped as cleared by the USPS or other third party mail carrier on or before the due date of the return.
• Envelopes stamped without USPS cleared date or imprinted meter date will be treated as on time if received within 7 calendar days of the due date unless the date of the check falls after the return due date.

4. How often to I need to submit a tax return?

If more than $300 in tax will be remitted each month, returns must be sent in monthly. If less than $300 in tax will be remitted each month, a quarterly filing basis will be granted. An annual filing status may also be granted if monthly tax is $10 or less or at the discretion of the Finance Director.

5. What happens if I do not file on time?

When a return is not filed on time, penalty and interest are assessed and the vendor fee is disallowed. Penalty is the greater of $10.00 or 15%. Interest is calculated at a rate of 1.5% per month the return is late. Additionally, the vendor fee, which normally reduces the total tax due, is disallowed.

6. What is the vendor's fee?

A vendor fee is a reduction in tax remitted by a vendor to cover their expense of collection and remittance of Town tax. The vendor may deduct 3.33 percent of the tax due, up to $200, if they remit in a timely manner.

7. When are Business and Tax Licenses renewed?

The Town of Parker's Business and Tax License is valid for two years and expires on December 31 of each even-numbered year, regardless of the date of issue.  On or before the expiration date the business needs to apply for a renewal license and pay the $20.00 license renewal fee.  If payment is received after December 31 penalties will be assessed.

8. Are delivery fees taxable?

Yes. Transportation and other charges to effect delivery of tangible personal property to the purchaser are taxable.