Penalties for filing late When S corporations fail to file Form 1120S by the due date or by the extended due date, the IRS will impose a minimum penalty of $205 for each month or part of the month the return is late multiplied by the number of shareholders.

What does it mean when where my refund says a refund date will be provided when available?

A refund date will be provided when available.” Exactly mean? After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.

Can a company refuse to reduce working hours?

Where it is operationally justified (e.g. shortage of work), the employer can follow the retrenchment process if employees refuse to agree to a reduction of their working hours.

When does your employer change your working hours?

In most cases, a minimum of 12 hours notice would be expected as reasonable notice to cancel a shift. It may be reasonable to have more notice of a requirement to work (rather than not work). My employer normally gives out the next week rota normally on the Thursday. It seems to be getting later and later.

Can a employer reduce the hours of an exempt employee?

When reducing an exempt employee’s salary, you may also reduce the hours the employee is expected to work. But employers should ensure that the reduction is carefully framed and use “salary basis” language so it does not appear as though the employee is being paid on an hourly basis.

What should I do if my employer cut back my hours?

Just because your employer cut back your hours doesn’t mean he might not need you in a pinch. Call in on your off days to see whether your employer needs you to come in. Perhaps someone on the schedule called in sick, or business picked up suddenly. Either way, your boss might be short-handed and need you to pitch in.