· LATE FEE AND ALLOCATION OF PAYMENTS.In the event that any rent payment required to be paid by Tenant(s) hereunder is not paid IN FULL by the start of the SECOND (2nd) DAY OF EACH MONTH, Tenant(s) shall pay to Landlord, in addition to such payment or other charges due hereunder, an initial “late fee” in the amount of 5% OF THE MONTHLY RENT AMOUNT.

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Apology Letter for Late Payment. Writing an apology letter for making a late payment is common in both our business and personal lives. Sometimes we completely forget about needing to make a payment. Sometimes we think we’ve already paid the bill, and sometimes we just don’t have the funds when we need them. It happens to all of us at some point.

The IRS imposes both fines and penalties on taxpayers and businesses who don’t pay their taxes online or who fail to pay at all. Interest on unpaid taxes is currently calculated at the rate of 6 percent per year and late payment penalties are normally 0.5 percent (1/2 of 1 percent) per month, after the deadline.

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Small business owners who are uneasy about their 2018 taxes might find they can save some money even though the year is over. Here are three ways you can chip away at your tax bill:

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