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July 29, 2014

Homework Help: business

Posted by lynn on Sunday, May 6, 2012 at 9:02pm.

Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll taxes due on April 15. She sent the payment November 8. The IRS sent her a penalty charge of 8% simple interest on the unpaid taxes of $4,100.

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