How much penalty do I face for paying my taxes late?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Late payment penalties can vary based on the type of tax involved, how late the payment is, whether a return was filed on time, and whether interest is also being charged. In many cases, the total cost is shaped by the balance due, any prior notices from the IRS or a state revenue agency, and whethe For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.