THE PENALTY BOX T HE L AW , R EQUIREMENTS A ND D EALING WITH T AXPAYERS
THE PENALTY BOX T HE L AW , R EQUIREMENTS A ND D EALING WITH T AXPAYERS JEFFREY “MAD DOG” SCHARF & GARY “DR. HOOK” SABEAN TAXING AUTHORITY CONSULTING SERVICES, P.C.
THE PENALTY BOX T HE L AW , R EQUIREMENTS A ND D EALING WITH T AXPAYERS WITH ASSISTANCE FROM: JOHN “MCSHIFTY” RIFE ANDY “LEFTY” NEVILLE & MARK “BOOM BOOM” AMES
PENALTY 1. a punishment imposed for breaking a law, rule, or contract. "the charge carries a maximum penalty of ten years' imprisonment" 2. a disadvantage or unpleasant experience suffered as the result of an action or circumstance. "the cold never leaves my bones these days—one of the penalties of age"
AND WE ALL DEAL WITH PENALTIES IN OUR LIFE…
AND WE ALL DEAL WITH PENALTIES IN OUR LIFE…
§ 58.1-3915. PENALTY FOR FAILURE TO PAY TAXES BY DECEMBER 5. Except as otherwise provided by ordinance under § 58.1-3916, any person failing to pay any county, town and city levies on or before December 5 shall incur a penalty thereon of five percent, which shall be added to the amount of taxes or levies due from such taxpayer, and which, when collected by the treasurer, shall be accounted for in his settlements. No penalty shall be imposed for failure to pay any tax if such failure was not the fault of the taxpayer.
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