FAQ Topic: Tax FAQs

What is the EIT?

EIT stands for Earned Income Tax. EIT is a tax on individuals who earn income as an employee, such as wages, salaries, commissions and tips. State law gives municipalities and school districts the legal authority to levy a tax on individual Gross earned income. EIT is usually collected through payroll deductions. Self-employed individuals pay their … Continued

What is the LST?

Originally, called the Occupational Privilege Tax, and now called the Local Service Tax. LST is a tax levied on individuals who are employed in municipalities or in school districts that have enacted the tax. The tax is collected through payroll deductions from all employees. Self-employed individuals pay their own LST. The LST is a flat … Continued

What is Berkheimer?

Berkheimer is a company that collects and administers local PA Taxes for many municipalities and school district though-out the state. They help individuals, employers, payroll companies and tax preparers and governments with processing taxes.

How do I pay my taxes?

If you have a mortgage payment, the mortgage company usually includes the tax payment in your monthly payments. This tax money is placed in an escrow account to pay the taxes. When you receive your tax bill contact your mortgage company. If no mortgage, the homeowner can make payments directly to their taxing authority when … Continued

What is the Borough’s property tax millage rate for 2023?

The property tax millage rate was increased this year by a half a mil from 5.503 in 2022 to 6.503 in 2023. The Real Estate tax is 5.15 and the Street Improvement Tax .965 which is used for Borough road maintenance.  Also .155 is allocated for the Pocono Mountain Public Library and .155 for the … Continued

What are property taxes?

Property Taxes and Real Estate Taxes are essentially the same and are paid by an individual who owns property. Property tax is based on the assessed value of real property. Property taxes  are levied by the state and local municipalities and are used to fund school districts, community amenities, local expenses and projects, law enforcement, … Continued

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