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You will have to pay penalties if you underpaid over the course of the year. This makes it not interest free.
by vostok 10y ago
You will have to pay penalties if you underpaid over the course of the year. This makes it not interest free.
- Retric 10y agoThere are plenty of games you can play with withholdings. EX: As long as you witholdings are enough to pay last years taxes or 90% of this years you are good. Or if your bonus is in January you can have a higher witholdings from salary and the default 25% from the bonus. Just balance it by the end of the year. But that's just simple stuff, there are also other benefits to the company.