Interest and Penalties Prior to 1-1-2016


  • Interest 1% per month on past due taxes.
  • 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)