Penalties & Payment Plans
“I missed the tax deadline, how much penalty am I looking at?”
Missing a tax deadline can lead to more than one type of penalty, and the amount often depends on whether a return was filed, whether any tax was unpaid, and how long the balance remained outstanding. Interest can also add to the total over time, and the details may differ based on the kind of return involved and whether the IRS has already sent a notice. In some cases, prior filing history, payment arrangements, and reasonable cause facts can influence how the account is handled, so the final impact is often specific to the situation. Working through the specifics with a CPA is the cleanest way to land on the right move.
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?”
“How much is the penalty if I missed my filing deadline?”
“I missed the tax filing deadline; how large is the penalty?”
“What penalty applies if I didn't file on time?”
“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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