I will be running into a cash flow problem on 4/15 and won't be able to pay my estimated taxes. Does paying them 2 weeks late make much difference, or is it just 2 weeks of interest at 8% on the amount paid?
I will be running into a cash flow problem on 4/15 and won't be able to pay my estimated taxes. Does paying them 2 weeks late make much difference, or is it just 2 weeks of interest at 8% on the amount paid?
YOu are correct. 8% simple interest
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