How much penalty do I owe for filing my business return late?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

The penalty for a late-filed business return often depends on the type of entity, how late the return was, and whether any tax was due with the filing. In many cases, the total can also be affected by whether an extension was filed, whether payments were made on time, and whether there were prior fi 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.