. . . and Congress is thinking of raising the penalty for late filing.

H.R. 1241 would increase the penalty for failure to file a tax returns for a partnership or S corporation.

But it wouldn’t raise the fine by much. Maybe you can skip it again this year and hope you won’t get caught.

Here’s the current vote on H.R. 1241. Click to vote, comment, learn more, or edit the wiki article about the bill.