Penalty

(a)Failure to file on time. If an employer fails to file the information required under this Chapter on or before the date prescribed, unless such failure is due to reasonable cause, there shall be imposed on the employer a penalty of one hundred dollars ($100) per employee for the first thirty

(30)days after the prescribed due date and fifty dollars ($50) for each additional thirty

(30)days or a fraction thereof thereafter.

(b)Furnishing false, misleading, or fraudulent information. In addition to any other penalty provided by this Chapter, any employer who willfully furnishes a false, misleading or fraudulent statement or willfully fails to furnish such statement in the manner required may be fined fifty dollars ($50) for each offense per month.