The information posted on PayrollTalk is for informational purposes only and is not intended to substitute for obtaining accounting, payroll, tax, or financial advice from a professional accountant.
IRS 2 day late deposit penalties?
Has anyone else been receiving incorrect deposit penalties from IRS? We file electronically, so I don't know what's going on. Our schedule B's are correct, and going by the semi-weekly deposit schedule, we deposited when we're supposed to, but they say we should have deposited two days earlier. Very frustrating to have to deal with this every quarter.