Permalink Reply Quote. $18.53 per hour. But to get a true cost you need to factor in the cost of your benifits the company pays for. In our local it is about $6.50 per hour for healthcare, pention and all others. That would put my true rate at about $25 an hour.
If you file your returns 60 days late the penalty is either $135 or 100 percent of the tax owed, whichever is smaller. There are no penalties for taxpayers who file late but owe no tax or are owed a refund.
For example, if you owed $100 in taxes, your failure-to-file penalty would be $5 per month. The maximum amount you will owe would be $25. However, if you filed your return more than 60 days late (or 2 months), the minimum penalty is 1099% (or $100), so your total penalty is $200.