What is going to happen to me in case I fail to file my taxes?

 Nondesign of filing taxes can lead to a number of consequences, one of the first being fines due to lateness in filing them, and interest on any unpaid tax. The IRS can also develop a Substitute for Return which does not involve deductions and credits and thus increases your tax bill. With time, the IRS can issue notices, place tax lien or garnish wages. You are also denied refunds in case you are too late. Reoccurring failure to file criminal charges may cause investigations although such charges are rare. The sooner you file your return, the better you will save in penalty and make sure your finances are under control. What Happens If I Don't File My Taxes