Massachusetts Offering Two-Month Tax Amnesty
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.