🛑 Payroll Tax Panic: The $25 Penalty You Can’t Afford to Ignore
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Payroll tax compliance is about deadlines and accuracy. The Florida DOR is strict on both, and the penalties for late filing the quarterly Form RT-6 can quickly stack up, regardless of how small your business is.
The penalty for a late quarterly report is $25 for each 30 days (or fraction thereof) that the report is delinquent. If you wait a whole quarter to file, you've already incurred a $75 penalty, plus interest on the late payment.
If you employed 10 or more employees in any quarter during the preceding state fiscal year, you are required to file the wage data and pay the tax electronically. Failure to file electronically when mandated results in a $25 penalty per report plus an additional fee per employee.
File early! The quarterly due date is the last day of the month following the quarter's end. If you file electronically, you must initiate the payment transaction before 5:00 p.m. ET on the business day prior to the due date for it to be considered timely.