Delinquent taxpayers have only days remaining to settle debt
BATON ROUGE – Individuals and businesses who have fallen behind on their taxes have seven days remaining to take advantage of Louisiana Tax Amnesty 2014.
“With only days left to apply, we are reminding noncompliant taxpayers to take advantage of tax amnesty,” Secretary of Revenue Tim Barfield said. “We encourage anyone who has fallen behind on their taxes to look into the amnesty program before the opportunity ends.”
The 30-day tax amnesty program, which ends at 11:59 p.m. on November 14, 2014, gives delinquent taxpayers and non-filers the opportunity to bring their accounts up to date. The Louisiana Department of Revenue will waive all applicable penalties, along with 50 percent of accrued interest, when taxpayers pay 100 percent of their tax balance.
Taxpayers can apply for amnesty online at www.ldrtaxamnesty.com. An application can be completed in approximately five minutes.
The 2014 tax amnesty program also offers the opportunity for eligible taxpayers to pay their overdue taxes in installments over a six-month period. Installment agreements require a down payment of at least 20 percent of the amount owed, with final payment due no later than May 1, 2015.
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Posted on Tue, November 11, 2014
by Associated Press