Frequently Asked Questions
Tax returns are generally due on the 20th of the month following the reporting period. If the 20th falls on a holiday or a weekend, the due date is the next business day. Returns must be postmarked on or before the due date to be considered timely.
Yes, a return must always be filed even if there is no tax due.
Yes, but be careful to make sure that the post office has the proper postmark if taxes are mailed on the 20th.
If more than $100 in tax will be remitted each month, returns must be sent monthly. If less than $100 in tax will be remitted each month, a quarterly filing basis will be granted upon request. An annual filing status may also be granted upon approval. Return booklets are sent at the beginning of the year for monthly and quarterly filers. Annual filers will receive their tax returns at the end of the year.
A 15 percent penalty will be assessed on delinquent taxes. Additionally, an interest rate of 0.5 percent per month will be charged.