@IRonMaN @dkh I think I read somewhere, that those massive penalties apply if someone "willfully" failed to file. "Willfully" is the key word, whatever their interpretation of that word is. But because they have these massive penalties, I think that this is actually a hindrance because insurance companies may not want to ensure CPAs, tax preparers, and attorneys, that may be subject to a $500 a day penalty. Why didn't they just make the penalty $5 million dollars a day?