Penalties & Payment Plans
“I was late filing my taxes, what penalty should I expect?”
Late filing penalties often depend on whether a return is actually due, how long the filing was delayed, and whether any tax was unpaid when the return was filed. In many cases, the IRS treats a late return differently from a late payment, so the total amount can reflect more than one factor. Other details, such as whether there was a valid extension, prior compliance history, and whether an IRS notice has already been issued, can also affect how the penalty is assessed and whether relief may be considered. 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.
“How much is the penalty if I missed my filing deadline?”
“I missed the tax filing deadline; how large is the penalty?”
“I missed the tax deadline, how much penalty am I looking at?”
“I didn't get my return filed by the due date, what's the penalty?”
“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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