WAC 228-01

Taxes -- When due and payable -- Reporting periods -- Verified annual returns -- Relief from filing requirements.

Tax Reporting Frequency - Forms

WAC 458-20-228 Returns, payments, penalties, extensions, interest, stay of collection discusses the responsibility of taxpayers to timely pay their tax liabilities, and the acceptable methods of payment. WAC 458-20-22801 Tax reporting frequency – forms describes the obligation for filing returns with associated payments for excise taxes reported to the Department of Revenue. The Department amended these rules to recognize the following legislation: SSB 5571 (Ch.

Tax reporting frequency. Provisions of Chapter 24, Laws of 2011. This legislation requires taxpayers to file and pay taxes electronically.

PENALTY – LATE PAYMENT – ELECTRONIC FUNDS TRANSFER.Payments made by electronic funds transfer (EFT) are due on or before the banking day following the tax return due date, which is the 25th day of the following month for taxpayers required to file monthly.Where the next banking day was the 26th, a monthly EFT filer’s payment was due no later than the 26th.

PENALTY-- WAIVER – EFT – BANK.A taxpayer’s lack of knowledge of its bank’s EFT program is not a circumstance beyond the taxpayer’s control under which penalties may be waived.

LATE-PAYMENT PENALTY – EFT – DUE DATE -- CHECK. The Department must collect funds from the bank of a taxpayer required to pay by EFT by the EFT due date when the taxpayer delivers a check to the Department, rather than paying its taxes by electronic funds transfer.