The National Weight Control Registry: Is it Usefu inl Helping Deal with Our Obesity Epidemic? james o. hill phd', holl; wyatty md', suzann; phelane phd^, ren; a wing,
Failure-to-File Penalty. Also known as the âlate filing penalty,â this fee may be assessed if you do not file your tax return (or tax extension application) by the proper due date. This deadline is April 15 for most individual taxpayers, and March 15 for most businesses.lso known as the âlate payment penalty,â this fee may be assessed if you do not pay your income tax liability by the proper due date. This deadline is April 15 for most individual taxpayers, and March 15 for most businesses.
Finally, there is a late filing penalty (also called the failure-to-file penalty) which is imposed if you owe tax to the IRS and you donât file on time. This fee is 5% of the unpaid taxes, assessed on a monthly basis, up to a maximum of 5 months.inally, there is a late filing penalty (also called the failure-to-file penalty) which is imposed if you owe tax to the IRS and you donât file on time. This fee is 5% of the unpaid taxes, assessed on a monthly basis, up to a maximum of 5 months.