Penalties & Payment Plans
“How much is the penalty if I missed my filing deadline?”
Penalty amounts for a missed filing deadline often depend on which return was late, whether any tax was due, how late the filing was, and whether there was a reasonable cause explanation. In many cases, the IRS and state agencies also look at whether the return was eventually filed, since separate penalties can apply to filing and payment. If there is an installment arrangement or prior notice involved, that can affect how the total is calculated. The exact result typically varies based on the type of tax, the filing history, and any balance still outstanding. A focused session can map this against your actual situation in plain English.
In your 30-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“I filed my return late, what penalty do I owe?”
“I missed the tax filing deadline; how large is the penalty?”
“What penalty applies if I didn't file on time?”
“If I file late, how big can the penalty be?”
“I can't pay my $2,000 tax bill, can I set up a payment plan?”
“I can't pay my $5,000 tax bill, can I set up a payment plan?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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