Struggling to pay your taxes? Consider a payment contract
You must pay all taxes owed, plus any interest and penalties for late payment of taxes. If you are unable to pay the full amount due, contact your District Tax Office to set up a deferred payment contract (DPC) to allow you to make payments over time.The advantages of a DPC are:
- Allows you to maintain your assigned tax rate, rather than the higher delinquent rate;
- Eliminates the risk of some legal collection actions.
Some employers with cash-flow problems have found it is easier to make their tax payments monthly, in advance, rather than quarterly. This does not require a DPC and is commonly known as a pay-as-you-go system. Your District Tax Office can assist with this as well.
Connect:
