What penalty do I face for missing the deadline on my business return?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Missing a business return deadline can lead to penalties that often depend on the entity type, how late the filing is, and whether any tax was unpaid when the return was due. For many businesses, the IRS also looks at whether the return was eventually filed voluntarily or only after a notice, and wh 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.