What Happens If You Miss the Tax Deadline? Understanding IRS Non-Filing and Non-Payment Penalties
In this video, we tackle a common concern for many taxpayers: what happens if you don't file your taxes on time? Missing the tax deadline can result in accruing penalties, interest, and even overwhelming tax debt, but there are steps you can take to mitigate the damage. Daniel Urban, Senior Tax Attorney at Gordon Law Group, provides insights and answers to your pressing questions. He covers the IRS failure to file penalty, IRS penalty for late payment, and how to file your tax return after the deadline. Don't let your tax bill keep growing - watch this video now and take control of your taxes! #taxes #taxlawyer #taxplanning If you missed the tax deadline, reach out to us! ➡️Website: https://gordonlawltd.com/ ➡️Follow Us! Twitter: / gordonlawltd Facebook: / gordonlawltd Instagram: / thegordonlawgroup TikTok: / cryptolawteam Reddit: / gordon_law LinkedIn: / gordon-law-group-ltd- ➡️Blog: https://gordonlawltd.com/blog/ 00:00 Introduction 00:22 Two Scenarios 00:50 Penalties 01:21 What If You Don't FIle? 01:53 What About an Extension? 02:32 Interest 02:51 What If I Can't Pay? 03:25 Contact Us! The information contained in this video, as well as any linked articles, videos, or posts, is intended for general informational and educational purposes only. This information is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Viewers should not rely upon any information contained within for legal advice, and should seek legal advice before taking any action with respect to the matters discussed herein. Commenting or interacting with this video does not create an attorney-client relationship. Messages or other forms of communication that you transmit to Gordon Law Group will not create an attorney-client relationship and thus information contained in such communications may not be protected as privileged or confidential. This material may be considered an attorney advertisement.
