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7 States to Receive Tax Amnesty

Individuals who have struggled to pay taxes in the past may be in luck. Tax amnesty is coming to several states for a limited period of time. Tax amnesties provide the chance for a stated group of tax payers to avoid facing criminal prosecution for delayed tax payments by paying a defined amount. Paying this amount will result in tax forgiveness of a tax liability. Here is a list of the states that will be receiving a tax amnesty:

State Program Dates Website
Arizona09/01/2015 – 10/01/2015https://www.azdor.gov/TaxRecovery
Indiana09/15/2015 – 11/16/2015http://www.in.gov/dor/amnesty
Kansas09/01/2015 – 10/15/2015http://ksrevenue.org/taxamnesty.html
Maryland09/01/2015 – 10/30/2015http://taxes.marylandtaxes.com
Missouri09/01/2015 – 11/30/2015http://dor.mo.gov/faq/amnesty.php
Oklahoma09/14/2015 – 11/13/2015http://www.ok.gov
South Carolina No date has been set yetNothing available yet

Neither Ohio nor Florida currently has an amnesty program available, but both states do have a voluntary disclosure program available for delinquent taxpayers. Under a voluntary disclosure program, the taxpayer can typically approach the state on a no-name basis to file delinquent tax returns. In most cases penalties are forgiven, but interest will still be assessed. If you have a delinquency in a state not currently providing amnesty, you’ll find that most states have some type of a voluntary disclosure program.

For an update on Ohio Municipal Reform (H.B. 5), and the ramifications to your business, join our State and Local Tax (SALT) group for a free Speaker Series program. Click here to register for the September 17 luncheon. If you have specific SALT questions, please contact Mary Jo Dolson at 888-201-4484 or mdolson@skodaminotti.com.

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