What’s the penalty for missing my business return due date?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Missing a business return due date can lead to penalties that often depend on the type of return, whether any tax is owed, and how late the filing is. For business entities, the impact can also vary based on whether the return is for an S corporation, partnership, or C corporation, since each filing 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.