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Effective January 1, 2018 the income tax rate for the city of Akron as well as the four JEDDs is 2.5%. All residents and partial year residents 18 years of age and older are required to file a tax return regardless of whether or not any tax is due.
The Efile system is now available. To Efile click here. The City of Akron Income Tax Division collects and administers the Akron City Income Tax as well as the Income Tax for the following four Joint Economic Development Districts: Bath – Fairlawn – Akron JEDD. Copley – Akron JEDD.
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Residents of Akron pay a flat city income tax of 2.25% on earned income, in addition to the Ohio income tax and the Federal income tax. Nonresidents who work in Akron also pay a local income tax of 2.25%, the same as the local income tax paid by residents.
Akron ( / ˈækrən /) is a city in and the county seat of Summit County, Ohio, United States. At the 2020 census, the city proper had a total population of 190,469, making it the fifth-most populous city in Ohio and 136th-most populous city in the United States. The Akron metropolitan area, covering Summit and Portage counties, had a ...
- How We Got Here
- Bracing For Revenue Loss
- Impact in Akron
When the pandemic hit, Ohio's stay-at-home order shuttered businesses. Lawmakers recognized the potential hit for cities that, through no fault of their own, could no longer collect taxes on workers ordered to stay home. So, a law was passed to keep tax collections uninterrupted until 30 days after the end of Ohio's state of emergency. Republicans,...
Preparing for months for the potential loss of revenue, city finance directors are setting aside federal funds from the American Rescue Plan Act to backfill the loss of their primary revenue source: income taxes. Akron plans to use $29 million of the $153,370,000 in federal funds it will receive this year and next to cushion the economic impact of ...
In his testimony opposing House Bill 157 back in March, Mayor Dan Horrigan said eliminating the pandemic tax provision "will erode our ability to fund basic citizen services." The city collected about $142 million in taxes from employees and another $28 million from business profits in 2019. Two-thirds of the $142 million in employee withholdings c...
Dec 14, 2018 · A wide range of tax credits is attracting new investment sources and fueling a burst of construction in the city center. Maybe the most important project in Akron is the $42 million Bowery Project.
The Akron Income Tax Division is located at 1 Cascade Plaza – Suite 100, Akron, Ohio 44308-1161. 330-375-2290. Forms, instructions, tax FAQs, and a list of taxable & non-taxable income is available on-line at www.AkronOhio.gov/1040.
