The traditional penalty for an individual who has not filed their taxes by the deadline is 5 percent of the tax due for each month the return is late. The penalty accrues up to a maximum of 25 percent ...

You're not doomed if you've waited until the final weeks and days before the April 15 deadline to send in your return.

When your tax forms are late. You technically don't need a 1099 form to file a tax return. What the IRS cares about is that ...