Penalty

[Unregistered]

Scorp paid 2004 penalty in 2005 (Cash basis) for W-2 not tying to 941.

Can scrop deduct on it's 2005 return or should I consider as distribution.

Thanks.

[Jiggers]

Penalty

Penalties are a non-deductible expense.

Why didn't the 941's tie to the W-2's? Maybe you can get the penalty abated?

[Unregistered]

Penalties are a non-deductible expense.

Why didn't the 941's tie to the W-2's? Maybe you can get the penalty abated?

Thank you.

Client did not have all paper work.