Business FAQs - General - Penalty and Interest Charges
Please send us the following information:
- The date your company went out of business
- A copy of either the Certificate of Dissolution filed with the state, or your federal tax return, marked "Final"
- Your company's Employers Identification Number (EIN)
- Your signature and printed name and title
Mail your correspondence to the following address:
P.O. Box 477900
Broadview Heights, OH 44147
ATTN: Business Department
You can Register Online.
If you prefer to file by paper:
- Download the Business Registration Form 48.
- Fill out the sections that apply to your company.
If you have already registered with RITA and have a new physical location within a RITA member municipality, login to MyAccount and select Add a Municipality, to report the new location/worksite.
RITA uses your Federal Employer Identification Number (FEIN) to identify your account information.
The Regional Income Tax Agency can help you to determine where you are located and whether municipal income tax withholding is required.
Please contact us at 800.860.7482 ext. 5003. When you do, please be prepared to provide the full address of each business location, including the zip code(s).
Yes, penalty and interest will be charged if you:
- Fail to pay taxes when due
- Fail to remit taxes withheld from employees
- Fail to withhold on all taxable wages at the correct tax rate
- Fail to report and pay estimated taxes equal to or greater than either:
- 90% of the amount of tax due for the year as shown by the annual return, or
- The previous tax year's tax liability
Tax withheld from income earned in a municipality by employees of a business, or tax withheld for an employee’s resident municipality, is considered to be withholding tax. Withholding tax is reported on Form 11 on a semi-monthly, monthly, or quarterly basis depending upon the amount of tax being reported and the municipality. By the last day of February of the following year, the business must also remit a completed Form 17 Reconciliation of Income Tax Withheld and the W2 forms for the prior year.Net Profits Tax
The Net Profit tax is also a municipal income tax. This is the tax on the income earned by the business in the municipality. This tax is reported annually on the Form 27 Net Profits Tax Return. In addition to filing the Form 27, the business is required to make quarterly estimated tax payments. The first one is due on or before the 15th day of the fourth month after the beginning of each fiscal period. The remaining quarters are due on or before the 15th day of the sixth, ninth, and twelfth month after the beginning of each fiscal period. For a company with a December 31st year end, the estimated payments are due 4/15, 6/15, 9/15, and 12/15.