What is a typical penalty for failing to file payroll tax returns timely?

Failing to file payroll tax returns timely typically results in fines and interest on unpaid taxes. This is because the IRS and state tax agencies impose penalties to encourage compliance with tax laws. These penalties are calculated based on the amount of tax that was due and the length of time the return is late. In addition to monetary fines, interest accrues on any unpaid tax amount until it is fully paid. Such penalties serve as a deterrent against late filings and underscore the importance of timely compliance in payroll tax responsibilities.

The other options do not align with the standard consequences of late payroll tax filings, such as training, employment rights revocation, or changes in insurance premiums, which are not typical repercussions for failing to meet filing deadlines.