It stops one penalty clock. It does not, merely by being accepted, stop the others. The rest of this page is that split, and then it stops.
Filing ends the clock that runs because the return was missing. When the return has been accepted, that day is the acceptance. Failure to pay keeps going while tax is unpaid. Interest keeps a clock of its own. Acceptance does not tie those clocks to the filing clock and retire them as a set.
The share of the bill, the floor, and the way the two penalties share a month are written on the IRS pages linked under this section. They are left there on purpose. If your only question was whether filing ended every charge, the answer is no, and you can stop reading.
Source. Failure to file and failure to pay, read 29 September 2026 at https://www.irs.gov/payments/failure-to-file-penalty and https://www.irs.gov/payments/failure-to-pay-penalty.
Reading the morning after an acceptance is the work here. It stops short of an audit, a review, a compilation or an opinion on your statements. There is no CPA license at this desk, so those belong with a firm that holds one. A letter gets explained to you here, never answered on your behalf. A hearing about a balance you cannot pay is representative work, and it lives elsewhere. Everything else that bounds this desk is kept on the disclosures page.
Then you are done. A page is allowed to finish at the moment the question is finished.
If a balance is why you asked, the balance page is the next read. The form is here only if you want that morning named out loud.
Ask it again in your words if the short answer missed the case you have.
You will be talking to the Steven Palmieri practice.