Other, equally important properties, such as MRI. compatibility, biocompatibility and corrosion are. discussed elsewhere in this publication. CorrespCJf'IderJaJ: D. Stoeckel, Cordis CotporatiOn -NftinoI Devices and Com,oonents 47533 West.1lghouse Drive, Fremont CA 94539,USA.
if you do not apply for the filing extension the late filing payment fee is 4 5 percent of the unpaid tax per month up to five months $ 5000 x 0 045 $ 225 per month in addition to late payment penalties any tax you owe after april 15 will accrue interest
Penalties and Interest for Non-payment The IRS imposes both fines and penalties on taxpayers and businesses who don't pay their taxes on line or who fail to pay at all. Interest on unpaid taxes is currently calculated at the rate of 6 percent per year and late payment penalties are normally 0.5 percent (1/2 of 1 percent) per month, after the deadline. If you can pay 90 percent of the taxes due, you may be able to avoid penalties, but you will still owe interest on any unpaid amounts. In addition, there is a 5-percent-per-month late-filing penalty. Of course, the sooner you pay, the lower the fines and penalties.