New taxes and new laws regarding taxation are being invented
all the time, and a proposed new tax could have Lake Zurich residents paying
more for utilities than ever before. Currently, trustees are voting on whether
or not to allow a 5% utility tax on gas and electricity services. If passed,
the tax could potentially generate an increase of $1.2 million in revenue and
could cost Lake Zurich taxpayers an additional $50 per year.
Even if you don’t live in Lake Zurich, the decision could
potentially affect you. If the tax is passed and is successful in Lake Zurich,
it could possibly spread to other areas as well.
With the ever changing nature of taxation, it is imperative
that you stay informed and that you keep all of your finances in order, whether
they be business finances or personal finances. The right bookkeeping firm can
help you to do just that; for bookkeeping and
general financial services in Naperville, contact Susan S. Lewis, Ltd.
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