Key repercussions of not filing your tax returns on time:

• Late Filing Penalties: The IRS imposes a Failure to File penalty, which can be up to 25% of unpaid taxes.

• Interest on Unpaid Taxes: Interest compounds daily on any unpaid taxes and penalties from the due date of the return until the balance is fully paid.

• Substitutes for Return (SFR): The IRS may file a substitute return on your behalf, often leading to an inflated tax bill.


• Audits and Investigations: Failing to file increases the likelihood of IRS audits and investigations, which could result in additional penalties or criminal charges for tax evasion


• Late payment of taxes (Taxes are due on the original due date regardless of filing an extension)

Failure to pay your taxes by the due date can lead to serious consequences including:

• Penalties and Interest
• Wage garnishment
• Bank Levy
• Tax liens
• Property Seizures

If you owe the IRS, our team at Noble Pacific Tax Resolution can assist in reducing penalties and providing relief.