Penalties & Payment Plans
“If I file late, how big can the penalty be?”
Late filing penalties can vary quite a bit, depending on the type of return, whether any tax is owed, and how long the return remains unfiled. In many cases, the total cost can also be affected by related charges such as interest and any separate penalty for not paying on time. The circumstances around prior filing history, extensions, and whether the IRS or a state agency has already sent a notice can all shape the outcome. For a business return, payroll filing, or individual return, the facts often lead to very different results. A targeted review with a CPA can turn the uncertainty into a clear next step.
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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