What happens if the tax becomes delinquent?
If the return and payment are not postmarked by the 20th of the month following the reporting period, the collection allowance is forfeited. In addition, penalty and interest are assessed. The penalty is 10% of the tax due for each delinquent month or fraction of a month, not to exceed 50% of the aggregate. The minimum penalty is $50.00. Interest is also accrued for each month of delinquency. You will need to contact our office at (407) 665-7637 for instructions.
