State offers extended deadline to deliquent taxpayers

December 27, 2010

By Staff

NEW — 6 a.m. Dec. 27, 2010

Some taxpayers just received more time to settle old tax bills.

Legislators rolled out a state amnesty program for taxpayers with overdue state taxes in early December. Taxpayers may be eligible to pay the overdue taxes without penalties or interest under the amnesty program.

The amnesty — authorized by the Legislature during a one-day special session Dec. 11 — applies to state business-and-occupation and public-utility taxes, and state and local sales and use taxes.

The amnesty program is open to registered and unregistered businesses.

Qualifying taxpayers can apply for the program from Feb. 1 to April 18. Participants must pay back taxes by April 30. The state Department of Revenue expects to complete the application procedures by mid-January.

The program is expected to generate $24.4 million for the state and $3.9 million for local governments during the fiscal year ending in June.

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