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Penalty to pay Quarterly WH Tax

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    #1

    Penalty to pay Quarterly WH Tax

    Client filed his Form 941 for 4th Qtr 2012 on time. her did not pay the $556.00 due.

    What would his penalty be?. He says he will pay it on the 15th of February.

    Thanks

    Kurly
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    #2
    About $12 - $15 penalty & interest combined.
    "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

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