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Good thing we have the emergency fund!

April 12th, 2007 at 09:58 pm

My employer is supposed to pay all US taxes for me. (due to international exemption, agreement with US government, etc...)
I pay a flat tax to the organization instead.
But this year, because I submitted my taxes one day past their deadline they will not issue the checks on time.

So my choises are:

1. Pay the $7,000 I owe myself, and than wait for the reimbursement from my employer (may take a month or more)
2. Send it a week late and pay the penalty. (that is just wasting money. And I have no idea what the penalty would be.)

Good thing we have the emergency fund.

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