I missed the deadline to file my business return, how big is the penalty?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Missing a business return deadline can lead to penalties that vary based on the entity type, how late the filing is, whether any tax was due, and whether the return was eventually filed on its own or after an IRS notice. The amount can also be affected by prior filing history, extensions already in  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.