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.
Good thing we have the emergency fund!
April 12th, 2007 at 09:58 pm