So, my first post - please prove me wrong.
For one of my companies, my payroll tax money was remitted to US Treasury in excess of the required amount - by Just a few hundred dollars.
The US Treasury refunded me the overpay ...and an 4% additional (annualized) for "59 days of interest".
What if I did this intentionally in the future and sent in an extra ...say $100k or $1 million. Would they send me 4% on my overpay?
Background - I'm a CPA / MBA and former president of a bank.
Has anyone tried this?
Submitted October 24, 2019 at 04:56PM by fireb999 https://ift.tt/2W92QWc
