State and Local Tax Amnesty Programs for 2014

Now that 2013 has come to a close, a large number of state and local tax amnesty program have expired; however, a couple still remain in effect. Vermont, Delaware, Louisiana, and to a lesser degree California, Tennessee, and Ohio still have programs in place to waive certain penalties and interests. The Sales and Use Tax Institute and the Council on State Taxation both keep pretty good tabs on amnesty programs as they become active. To make sure that you are up-to-date on new and upcoming amnesty programs keep a close eye on these two sites.

2 comments on “State and Local Tax Amnesty Programs for 2014

  1. Tiffany Glacking says:

    I want to find out more about the amnesty program for my parents. I need to know what they need to do to apply for it and to see if they are eligible for the amnesty program.

  2. Bo says:

    Hello Tiffany,
    Each amnesty program varies as to what type of tax is applicable, what penalties are waived and how and when it can be applied for.

    Generally the first step to applying for an amnesty program is to vist the department of revenue website and call to find out how to go about applying. Often it can all be done online.

    You may however want a professional to review your parents liability to make sure that they file everything correctly.

    In what jurisdiction are they looking to apply for amnesty? Also what kind of tax do they owe? Is it personal income tax, business income/franchise tax, or sales and use tax?

    Often, even if a jurisdiction does not have an amnesty program, they will have a voluntary disclosure program, which usually has similar benifits (limited lookback, reduced penalties and interest, etc.), but is traditionally entered into using a third party.

    Feel free to contact me at bblodgett@eidebailly.com if you have more questions concerning this and don’t want to give out any more information in a public forum.

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