Question by moopoo55: If I have a small home-based business and I have not filed any taxes in 3 years, what are the penalties? Let’s say that I’ve calculated most of the 2003 year and have concluded that I didn’t owe any taxes for 2003 and 2004 but instead am due a refund. I’m working… Continue reading If I have a small home-based business and I have not filed any taxes in 3 years, what are the penalties?