COLUMBUS – The Ohio Department of Taxation (ODT) recently announced that it will be offering a limited-time tax amnesty program beginning Jan. 1 and ending Feb. 15. The Ohio Tax Amnesty is available to eligible taxpayers—individuals and businesses—with unreported or underreported tax debts.
During the six-week amnesty period, taxpayers who fully pay qualifying tax delinquencies will owe no penalties and only half of the interest normally charged.
“The Ohio Tax Amnesty is a tremendous opportunity for eligible taxpayers to address an unreported tax debt and eliminate the financial risk of not complying with the obligation to file and pay taxes,” said Ohio Tax Commissioner Joe Testa. “If we all comply with the tax laws, as most Ohio taxpayers do already, we can lower the tax rates for all taxpayers.”
The Ohio Tax Amnesty includes the following taxes: individual income tax; school district income tax; employer withholding tax; employer withholding for school district income tax; pass-through entity tax; sales tax; use tax; commercial activity tax; financial institutions tax; cigarette and other tobacco products taxes; and alcoholic beverage taxes. The Ohio Tax Amnesty will only be available to individuals and businesses with a tax liability that is unknown to ODT, and only for taxes that were due and payable prior to May 1, 2017.
To help Ohio taxpayers determine their eligibility and learn more about the Ohio Tax Amnesty, ODT is launching a statewide awareness campaign this week called “Ohio Tax Amnesty: Your Move Forward.” Campaign components will include TV, radio, email, social media, paid search and digital display advertising, special events, and outreach to tax practitioners.
Interested taxpayers and tax practitioners will be directed to www.OhioTaxAmnesty.gov for more information.
If you want to know more about the Ohio Tax Amnesty, or whether you are eligible, visit www.OhioTaxAmnesty.gov. Questions can also be directed to ODT via its toll-free phone number: 800-304-3211.
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