What are the penalties for not filing returns on time or not paying collected taxes?
An additional charge up to $50 or 10% of the tax required to be paid, whichever is greater, may be levied on every return not filed on time and/or when the tax liability is not paid in full. For not paying collected taxes, or not filing a return, a penalty up to 50% of the tax due may be assessed. A $50 fee is charged for every returned check. Interest may be due on any taxes found due and not paid in a timely manner.
