Community Resident:

---

The State of New York Department of Taxation and Finance currently has a program under way called 2010 Penalty and Interest Discount Program (PAID). This program allows a brief opportunity for New York taxpayers to clear up delinquent tax bills while taking advantage of substantial reduction in the penalties and interest. In order to realize any savings, eligible taxpayers must make all payments by the program’s expiration date, March 15, 2010.

Save up to 80% of the penalty and interest on your New York State tax debts.

The PAID (Penalty and Interest Discount) program gives taxpayers with older unpaid bills the chance to save up to 80% of the penalty and interest they owe. For information about this program, please visit www.nystax.gov.

To take advantage of the program’s savings, you must make all payments by the program’s expiration date,

March 15, 2010. If you don’t pay in full by that date:

• your opportunity for these savings will be lost forever;
• any unpaid tax debts will continue toaccrue interest at the full statutory rate.

---

You can save:

• 80% of accrued penalty and interest on unpaid bills issued on or before December 31, 2003.

• 50% of accrued penalty and interest on unpaid bills issued after December 31, 2003 and on or before December 31, 2006.

Unpaid tax bills are bad for your credit rating and can lead to liens and other enforcement actions.

We’re increasing our efforts to collect unpaid bills. If you act now and pay what you owe, you can take advantage of the savings and avoid collection actions.