A penalty may be assessed for reports received after the due date. The amount of the penalty may change from year to year. The establishment of and adherence to a payment plan may avoid the assessment of the penalty. Interest on payments after the due date is 1.5 percent per month on unpaid taxes. Interest is not calculated on accrued interest, penalties or legal costs, only on tax due.
Interest is assessed if the payment is even one day late.
If all money owed or reports required are not received by the Employment Department by September 1, of any year, an additional penalty of 1 percent of the previous year s taxable payroll will be assessed.