when do penalties and interest begin accruing for employers who have not remitted deferred social security taxes?

Question

04-01-2022
Social Studies

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when do penalties and interest begin accruing for employers who have not remitted deferred social security taxes?

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NK1830 NK1830 · Answer 1 · 2022-01-04T22:48:26+01:00

NK1830 NK1830

04-01-2022

Answer:

Again, you have until December 31, 2021 to withhold the deferred tax without penalties. Interest, penalties, and other additions begin accruing on any unpaid deferred tax if you miss the deposit deadline of January 3, 2022.

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