Analysis
Miss an IRS Deadline by Just One Day and You Could Owe $10,000 — the penalty arrives with no warning and most taxpayers don’t know it exists
April 15 passes. You file on April 16; one day late. You assume the penalty…
missed tax deadline penalty
2 articles
Analysis
Everyone Assumes Missing the Tax Deadline by One Day Is Barely a Problem — a $2,000 IRS Penalty That Hit Before I Opened the Notice Says Otherwise
April 15 passed at midnight. Your return wasn’t filed. By 12:01 a.m. on April 16,…