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Clerk-Treasurer reports audit progress; federal tax payment frequency changes
Summary
Clerk-Treasurer Alana Paumen told supervisors the township's CPA is completing audit work, corrections were made to 11 parcels and fire assessments were submitted, and federal tax deposits must now be made semi-monthly after exceeding $50,000 in deposits over the past four quarters.
Clerk-Treasurer Alana Paumen told the board that items continue to be submitted to the township's CPA for the audit and staff hopes the audit can be finished within the next couple of weeks. She said corrections were made to 11 parcels and fire assessments were submitted to the county.
Paumen also reported a change in federal tax deposit frequency: because the township paid in over $50,000 throughout the last four quarters, federal taxes now must be paid semi-monthly. No change in amounts owed was recorded in the minutes; the statement refers to the deposit schedule required after the cited payment threshold was met.
