Penalties and Interest

Effective 1-1-2016, interest is 5.0% per annum (0.42%) per month (Interest is based on the Federal rate and may change annually). The late file penalty is $25.00. Late payment penalty/withholding: 50% of the total tax due. Late Payment Penalty: Individuals/Corporates/Partnerships 15% of tax due.  Federal Short - Term Rate (July) FOUND HERE

Note: Interest and late paying penalty apply to any balance that is not paid by the due date of a return, even if the return is filed under extension. An estimated payment in the amount of 90% of the expected liability must be paid in full by the original due date or the 15% late paying penalty will be imposed on those returns under Federal extension.

A penalty may be imposed on unpaid withholding tax equal to fifty percent (50%) of the amount not timely paid.

FAILURE TO FILE TIMELY – PENALTY

A penalty may be imposed on a municipal income tax return not timely filed for a flat filing fee of $25.00, effectively 1-1-2024, or any fraction thereof, during which the return remains unfiled regardless of the liability. The penalty shall not exceed $25.00 effective 1-1-2024 for each return not timely filed.

OTHER PENALTIES

In addition to the penalties above, the Ohio Revised Code Section 718.99 also provides criminal penalties for failure to comply with the income tax ordinance of up to one thousand dollars and/or imprisonment for a term of up to six months for each offense.

APPLICATION OF PAYMENTS

All payments received by the tax office will be applied in the order in which the balance became due. The payments will be applied in the following order: tax balance, late filing penalty, late paying penalty and interest.

 We accept all forms of payments: cash, money orders, checks, credit cards (VISA, MASTERCARD, DISCOVER, AMERICAN EXPRESS)