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How much is the penalty and do you have the funds to pay it now? How critical is getting the tax clearance?
penalty is $9,800., have funds to pay all, tax clearance is critical to bid on jobs in February, jobs worth over $ 50,000;
we dispute amount of penalty , 10% of annual wages for form that was filed
I had to switch from chat because I could not see your response. Under these circumstances you can pay the penalty without prejudice to your challenge to the validity of the charge. Paying the penalty stops any interest from running if your challenge is not upheld and allows you to get the clearance. If you are stymied at the administrative level you can take the issue to the Tax Court to challenge the assessment.
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