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If you owe taxes to the state of MA you will want to read this

Categories Tax Tips (Mass)

LIMITED AMNESTY PROGRAM FOR TAXPAYERS WITH CERTAIN EXISTING PERSONAL AND/OR BUSINESS TAX LIABILITIES

Tax type:  Various, but includes personal income tax and certain other tax liabilities listed in the TIR.

Summary:   This TIR provides information about a two-month amnesty period commencing on September 1, 2014 and ending on October 31, 2014 intended to encourage the payment of delinquent tax obligations to the Commonwealth.  The amnesty will apply to tax years or periods that were stated on a Notice of Assessment issued on or before July 1, 2014 and is limited to personal income tax and certain other taxes described in the TIR.  The Commissioner will notify taxpayers of their eligibility to participate in the Amnesty Program, and only those taxpayers to whom a “Tax Amnesty Notice” will be eligible.  Eligible taxpayers may receive a waiver of unpaid penalties, including those imposed for failure to timely file a return; failure to file a proper return; underpayment of tax attributable to negligence or disregard of the tax laws or to a substantial understatement of tax; failure to timely pay a tax liability; failure to file, report or pay electronically; and failure to pay the proper amount of any estimated tax payment for such period.

 

Target Audience:   Taxpayers with unpaid personal income tax and/or certain business liabilities.
Link to Document: http://www.mass.gov/dor/businesses/help-and-resources/legal-library/tirs/tirs-by-years/2014-releases/tir-14-8-limited-amnesty-program-for-taxpayers-with-ce.html

 

 

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