Late Filing? Here’s What Happens if You Miss a Tax Deadline (And Why Rushing Can Cost You More)
So, you missed the tax deadline.
Whether you were buried in work, confused about the due date, or just didn’t feel ready—you’re not alone.
But here’s the truth: rushing to file with messy books could cost you more than just a penalty.
At DBR Bookkeeping, we help entrepreneurs clean up their financials before they go to a CPA—saving them time, stress, and often thousands in taxes.
⚠️ What Happens If You File Late
1. The IRS Charges a Penalty
A 5% monthly penalty (up to 25%) on unpaid taxes is standard. Interest stacks on top. Yes, it adds up—but that doesn’t mean you should panic.
2. Sloppy Financials = Higher Tax Liability
When your books are rushed, incomplete, or inaccurate, your CPA might skip deductions or over-report income to play it safe.
That means you could end up overpaying thousands in taxes.
3. CPAs Charge More for Messy Work
If your records aren’t organized, your tax pro will need to spend hours cleaning them up—at $150–$300/hr. And fast-track jobs? Expect to pay more.
💡 Why Slowing Down Could Save You Money
Filing late isn’t ideal—but a clean, accurate filing often saves more than the penalty costs.
With DBR Bookkeeping, we:
Reconcile your books
Categorize expenses correctly
Ensure you don’t miss any deductions
Prepare clean reports for your CPA
And get everything CPA-ready—fast.
Many of our clients actually come out ahead by filing late but filing right.
🧠 FAQ: Filing Late with Confidence
Q: Should I file now even though my books are a mess?
A: No. Filing with bad data often leads to higher taxes and costly amendments later. It’s better to clean up first, then file—even if you take a small penalty.
Q: Will DBR Bookkeeping file my taxes?
A: We don’t file—but we make sure your books are fully ready for your CPA, saving you money and time.
Q: How fast can you help me catch up?
A: We’ve helped businesses get back on track in as little as a few days. The sooner you reach out, the faster we can move.
💡 “Clean books = clean taxes. Rushed books = expensive mistakes.”
Let Dr. Bryan Raya help you catch up, clean up, and file with confidence. Many clients save far more in taxes than they pay in late fees.
📞 Book your FREE call and let’s get your financials ready the right way.
Let’s start Doing Business Right.
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