Massachusetts to offer two-month tax amnesty

The amnesty program will run from Sept. 1 through Oct. 31

Photo Courtesy: MGNonline
Photo Courtesy: MGNonline

BOSTON (AP) — The Massachusetts Department of Revenue has announced a two-month amnesty program designed to encourage the payment of delinquent taxes by individuals and businesses.

The amnesty program will run from Sept. 1 through Oct. 31. It applies to unpaid taxes billed on or before July 1.

About 300,000 taxpayers will receive a notice next month notifying them that they qualify for the tax amnesty program. The notices will tell taxpayers how much they owe. Revenue officials will waive all penalties if the balance is paid in full by the end of October.

The tax amnesty program was approved by state lawmakers and included in the fiscal year 2015 budget signed by Gov. Deval Patrick in July. Officials say the program is a good way to encourage delinquent taxpayers to pay up and avoid fines.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s