Insights: Article

Current State Tax Amnesty Programs

May 24, 2018

Do you owe tax in Alabama, Connecticut, Indiana or Texas? If so, you should consider participating in an available amnesty program. Amnesty programs are occasionally offered by states and generally offer reduced or waived penalties and other reductions.

Please review the chart below and contact your Eide Bailly professional or a member of our state and local tax team to determine if you are eligible and to discuss if the amnesty program is right for you.

 

State Amnesty Filing Dates Amnesty Inclusion Periods Tax Types and Conditions Amnesty Benefits
AL July 1, 2018 – September 30, 2018 Taxes due prior to January 1, 2017 and tax periods that began before January 1, 2017 Most all tax types included. Excludes motor fuel, motor vehicle and property taxes. Limited look-back of 3 full years or 36 months. Once accepted into amnesty program, tax returns and full payment due Nov. 15, 2018  Waiver of penalties and interest.
CT October 31, 2017 – November 30, 2018 Tax returns due on or before December 31, 2016 with limited three year look back Most all tax types for individuals and businesses are included in the Fresh Start program Excludes Connecticut payroll taxes, Secretary of State fees, and local property taxes Waiver of all penalties and half of the interest.
IN Currently – December 31, 2018 Look-back is limited to one calendar year (2017) plus current period for sales/use tax; Calendar or fiscal year 2017 for income tax Online Sellers Voluntary Disclosure Initiative is being offered to out-of-state retailers with inventory located in third-party IN warehouses and sell to IN customers. Applies to sales and use tax and income tax. Waiver of typical look-back period and penalties.
TX May 1, 2018 – June 29, 2018 The program will run from May 1 to June 29, 2018 and applies to periods prior to January 1, 2018. Tax types and conditions to be determined. Generally, delinquent taxpayers who have Texas tax liabilities due to nonpayment, underpayment, nonreporting, or underreporting may qualify.

Taxpayers who are currently under audit or who have an established tax liability will not qualify.
Waiver of penalty or interest or both.

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