Overdue License Fees

The Kenton County Occupational License Department verifies license fee returns for accuracy and the correct amount of Fee paid. A license fee bill, called a Notice of Corrected Annual Occupational License Fee Return or , is generated when the total amount due for the tax period is not paid. This notice includes the fee due, plus applicable penalties and fees which are charged on the unpaid balance due from the original due date of the license fee period. The Notice begins the collection process. The length and severity of this process depends on how soon the notice is paid or resolved.

The Kenton County Occupational License Department makes every attempt to contact the taxpayer regarding their outstanding tax liability, through telephone and mailings, throughout the collection process.

Penalties

Penalties are assessed for 5% each month or a portion thereof that the total fee due is paid after the due date.   The maximum penalty is 25%.

Penalty Waiver for Reasonable Cause

The Kenton County Occupational License Inspector may consider waiver of all or a portion of imposed penalties if the taxpayer can demonstrate reasonable cause.   The taxpayer must demonstrate that the tax liability was the result of circumstances beyond his or her control, that the taxpayer acted in a reasonable manner trying to timely pay the tax, or that the strict enforcement of penalties would cause the taxpayer undue financial hardship.   The penalty waiver request must be made in writing to the License Inspector, Kenton County Occupational License Department, 303 Court St Rm207 Covington, KY 41012.

It is the responsibility of the license holder to supply the Kenton County Occupational License Department with documentation to support the claim.   Any Kenton County Occupational License Department account representative can assist the taxpayer with the appropriate requirements.

Interest Rates

Interest is computed on the unpaid tax due and there is no protest for imposed interest. Kenton County Occupational License Department has established the following rates, per year:

 

 Tax Year

Interest Rate 

2010

12% 

2009

12%

2008

12%

2007

9%

2006

7%

2005

 5%

2004

4%

2003

5%

2002

6%

2001

10%

2000

 8%

1999

8%

1998

9%

1997

8%

1996

9%

1995

8%