Louisiana tax amnesty program resumes today
BATON ROUGE- The Louisiana tax amnesty program reopens on Tuesday after being temporarily shutdown due to a paperwork error.
During the amnesty period delinquent taxpayers are given a chance to bring their tax accounts up to date by clearing unpaid tax bills and filing overdue state tax returns.
The Department of Revenue suspended the program in November after discovering some amnesty invitation letters said people owed the wrong amounts of money. Last week the department sent out sent out updated letters to taxpayers who qualify for the program.
If delinquent taxpayers pay off their entire balance, the Department of Revenue will waive some of the penalties and interest associated with the accounts.
Delinquent taxpayers can file and pay outstanding returns from Tuesday, Dec. 1 until Dec. 31.
State officials said they hope to raise $73 million through the program. It's the third such amnesty period approved under a 2013 law, with no new amnesties offered until at least 2025 in Louisiana.