LDR Resumes 2015 Tax Amnesty Program Today

BATON ROUGE – Louisiana Tax Amnesty 2015 resumes today. The program, which gives individuals and businesses that have fallen behind on their taxes an opportunity to make a fresh start, will run from Tues., December 1 through Thurs., December 31.

The Louisiana Department of Revenue suspended the program last month after discovering a mistake with the information included in some of the original amnesty invitation letters. At that time, the department determined it was in the best interest of the state and taxpayers to suspend the program until corrected letters were mailed.

Impacted taxpayers were mailed updated letters from the department during the week of November 23 – 27. The revised letters either informed taxpayers of the new amnesty amount that is due or instructed them to disregard the previous letter that they received because the referenced account reflected a zero balance due.

“The department has addressed the errors that originally occurred and we are ready to get the tax amnesty program underway. We mailed corrected letters to the taxpayers last week, and we sincerely apologize to them for this mistake and for any inconvenience that we have may have caused,” Secretary of Revenue Tim Barfield said.

During the amnesty period, individual and business taxpayers are offered a fresh start to bring their delinquent tax accounts up to date by clearing unpaid tax bills and filing overdue state tax returns.

Amnesty will be granted for eligible taxes to qualified taxpayers who apply during the amnesty period and who agree to settle their accounts with the state by paying 100 percent of delinquent taxes, 83 percent of the remaining interest and 67 percent of the remaining penalties due. Once approved, the Secretary of Revenue shall waive the remaining 17 percent interest and 33 percent penalties.

The goal for the 2015 Tax Amnesty Program is $73 million, net of administrative costs and funds retained by LDR as self-generated revenue.The 2015 Tax Amnesty Program is the third and final effort permitted by the Louisiana Tax Delinquency Amnesty Act of 2013. After the conclusion of the 2015 amnesty period, there will be no new amnesty program offered by the Department of Revenue until at least 2025.

For more information about the amnesty program, taxpayers can visit www.ldrtaxamnesty.com or call 1-866-782-9241.

Comments

LDR Suspends 2015 Tax Amnesty Program Until December 1

BATON ROUGE –The Louisiana Department of Revenue announced today that Louisiana Tax Amnesty 2015 will be suspended through Mon., November 30 and will resume on Tues., December 1. The program will then run until December 31, 2015, which accounts for designated and legal holidays.

Upon discovering a mistake with the information included in some of the amnesty invitation letters, LDR determined it was in the best interest of the state and taxpayers to suspend amnesty until corrected letters are mailed.

“We apologize to our taxpayers for this mistake and for any inconvenience that we may have caused them. LDR will exercise better quality assurance, review and control to prevent this type of human error from occurring again in the future,” Secretary of Revenue Tim Barfield said.

Impacted taxpayers will receive an updated letter from the department by December 1. Any amnesty payments received during the past two days will be applied to the taxpayer’s account when the amnesty period resumes on December 1. Beginning Monday November 23, taxpayers can call 1-866-782-9241 for more information about their amnesty account.

During the amnesty period, individual and business taxpayers are offered a fresh start to bring their delinquent tax accounts up to date by clearing unpaid tax bills and filing overdue state tax returns.

Amnesty will be granted for eligible taxes to qualified taxpayers who apply during the amnesty period and who agree to settle their accounts with the state by paying 100 percent of delinquent taxes, 83 percent of the remaining interest and 67 percent of the remaining penalties due.  Once approved, the Secretary of Revenue shall waive the remaining 17 percent interest and 33 percent penalties.

The goal for the 2015 Tax Amnesty Program is $73 million, net of administrative costs and funds retained by LDR as self-generated revenue.

The 2015 Tax Amnesty Program is the third and final effort permitted by the Louisiana Tax Delinquency Amnesty Act of 2013. After the conclusion of the 2015 amnesty period, there will be no new amnesty program offered by the Department of Revenue until at least 2025.

Comments

2015 Louisiana Tax Amnesty Program to run Nov. 16 – Dec. 15

BATON ROUGE – Louisiana Tax Amnesty 2015 begins on Nov. 16, 2015 and will run through Dec. 15, 2015, the Louisiana Department of Revenue (LDR) announced today. During the 30-day period, individual and business taxpayers are offered a fresh start to bring their delinquent tax accounts up to date by clearing unpaid tax bills and filing overdue state tax returns.

The 2015 Tax Amnesty Program is the third and final effort permitted by the Louisiana Tax Delinquency Amnesty Act of 2013. After the conclusion of 2015 amnesty, there will be no new amnesty program offered by the Department of Revenue before Jan. 1, 2025.

“This will be the final amnesty program offered by the state for at least 10 years. That is why it is so important for delinquent taxpayers to take advantage of this opportunity to make a fresh start with their taxes,” said Secretary of Revenue Tim Barfield. “We have made this process very simple, allowing taxpayers to make installment payments. The department is ready to assist them in clearing up their accounts.”

Amnesty will be granted for eligible taxes to qualified taxpayers who apply during the amnesty period and who agree to settle their accounts with the state by paying 100 percent of delinquent taxes, 83 percent of the remaining interest and 67 percent of the remaining penalties due.  Once approved, the Secretary of Revenue shall waive the remaining 17 percent interest and 33 percent penalties. The Louisiana Legislature has set a goal of collecting $50 million for the 2015 Tax Amnesty Program.

The amnesty program will begin at 12:01 a.m. on Nov. 16, 2015 and will end at 11:59 p.m. on Dec. 15, 2015. Beginning on Nov. 16, 2015, eligible taxpayers can apply online at www.ldrtaxamnesty.com, or call 1-866-782-9241 for more information.

Taxpayers can pay their overdue tax liabilities through electronic payments or through an established installment agreement over a six-month time period.

Taxpayers in the following categories are eligible to apply for amnesty:

  • Taxpayers who failed to file a tax return or report
  • Taxpayers who failed to report all income or all tax, interest and penalties that were due
  • Taxpayers who claimed incorrect credits or deductions
  • Taxpayers who misrepresented or omitted any tax due
  • Certain taxpayers under audit or in administrative or judicial litigation

Taxpayers involved in a criminal investigation or criminal litigation for taxes administered by LDR do not qualify for the amnesty program.

Taxpayers eligible for amnesty should expect to receive a letter before the start of the amnesty program with instructions for submitting applications and payments online. Contact information is drawn from data taxpayers have submitted to LDR with their tax filings and other communications.

Comments