Penalty 10% on past due tax.
Late Filing Fee $25.00.
Estimated Tax Penalty 1% per month on unpaid quarterly installment.
Interest and Penalties Effective 1-1-2016
Interest 5.0% per annum (0.42%) per month (Interest is based on the Federal rate and may change annually)
Late File Penalty $25.00 per month or fraction of a month with a maximum of $150.00
Late Payment Penalty/Withholding: 50% of the total tax due.
Late Payment Penalty Individuals/Corporates/Partnerships 15% of tax due
The interest rate for tax year 2017 is 6% per annum.
The interest rate for tax year 2016 is 5% per annum.
We accept all forms of payments: Cash, Money orders, Checks, Credit Cards (VISA, MASTERCARD, DISCOVER, AMERICAN EXPRESS)