Tullytown Borough Council approved an earned income tax (EIT) late last year, with the tax becoming effective Jan. 1, 2024. The EIT is set at a rate of 1% and impacts both residents of Tullytown Borough and nonresidents who are employed within the borough. The tax applies to earned income and net profits, but it exempts individuals earning $12,000 or less annually. Borough solicitor Russ Sacco recommended residents make estimated tax payments if their employers do not withhold the tax. Keystone Collections Group will oversee the implementation and collection of the new tax. The borough website has more information. With the addition of the EIT, Tullytown Borough joins 55 other municipalities and school districts in Bucks County that have already imposed a local earned income tax.
Source: LevittownNow.com; 1/22/2024