Quarterly PaymentsThe application will lead you through the report filing and payment process. The application will compute the contribution amount due, including interest and penalty if you are filing or paying late. Payment options include printing a payment coupon or paying by credit card or E-Check (certain convenience fees will be applied. Interest and penalty will be due if the payment is warehoused to be paid after the payment due date.
You may also select to pay by printing a payment coupon and mailing it in with the total amount due. It is possible the mailed in payment may be applied to an older liability. Delay in mailing the payment and coupon may result in additional interest and penalty being assessed.
Interest is assessed at 1% of the contribution due per month and penalty is a one time assessment of 10% of the contribution due. Interest accrues on the first day of each month. Interest and penalty are assessed if the payment is after the quarter’s payment due date. Additional penalties may be assessed if the quarterly report had to be estimated or if certain fraudulent situations are determined.
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