Property Taxes: Comptroller Schaefer Lists New Tax Delinquents On Internet
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Home > Family & Business > Property Taxes Penalty Contact a bankruptcy lawyer today. The Lawyer will help you avoid being on a list like the one described in this article. You dont want to be on this tax type of list ! 50 More Scofflaws Owing Millions "Caught in the Web" ANNAPOLIS, MD (March 20, 2000) -- Maryland Comptroller William Donald Schaefer today added 50 new names on his Internet Web site at www.marylandtaxes.com in his ongoing campaign to encourage payment from some of the state's largest tax delinquents. The 25 individuals and 25 businesses listed on the comptroller's Web site have failed to respond to the agency's repeated payment requests and owe almost $6 million in overdue taxes, penalties and interest. All of the liabilities listed on the Web site are considered part of the public record because tax liens have been filed in circuit court for each case. Since issuing the first notices to delinquent taxpayers last summer, the Comptroller's Office has collected approximately $1,082,273. "No one wants the exposure. The targets on the current list are the ones who owe the most and have no good excuse not to pay. Once they pay up, or arrange a reasonable payment agreement with us, we'll take them off the list." "Our 'Caught in the Web' effort is having the desired effect," said Comptroller Schaefer. "The mere threat of seeing their names on our Web site is motivation enough to get many of these tax delinquents to pay just like you and me. They know now that we mean business." The Comptroller's current list includes the owners or responsible officers of businesses who owe some of the largest Maryland tax liabilities for sales and use tax, employer withholding and corporate income taxes as well as individuals who owe delinquent personal income taxes. None of the tax accounts listed are in bankruptcy and none of the taxpayers are on active payment plans to resolve their debts. Normally, the Comptroller's Office notifies a taxpayer or business owing overdue taxes by mailing a Statement of Account to the delinquent party, listing the incurred charges for taxes, interest and penalties. A late sales and use tax return or an underpayment of sales and use tax on a timely filed return is subject to a 10% penalty and interest tabulated at a monthly rate of 1.08%. A late withholding return or underpayment of withholding tax on a filed return is subject to an initial 5% penalty, followed by an additional 10% after 30 days, plus interest. An underpayment of personal income tax is subject to a 25% penalty plus interest. If the taxpayer fails to commit to making regular payments, the Comptroller's Office can:
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