PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN: 9781337619783
Author: BIEG
Publisher: CENGAGE L
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Question
Chapter 3, Problem 16PA
1.
To determine
Identify the due date for the deposit of the given taxes.
2.
To determine
Calculate the following penalties that would be imposed to Company V if there is no deposit till April 29.
- a. Penalty for failure to make timely deposit.
- b. Penalty for failure to fully pay tax.
- c. Interest on taxes due and unpaid (assume a 5% interest rate).
- d. Total penalty imposed.
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4. In connection with problem number 3, the taxpayer also filed his return 3 months…
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Chapter 3 Solutions
PAYROLL ACCT.,2019 ED.(LL)-TEXT
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