This Is What Can Happen If You Don’t Pay Taxes


Stop paying taxes and IRS penalties will accumulate until you resume. There is a failure-to-file penalty which charges 6% to 25% against the outstanding balance per month. If you file but fail to pay your taxes, the failure-to-pay penalty will cost you anywhere from 0.5% to a maximum of 25% per month. That’s comparable to the worst rates from credit card companies.