Amnesty Program Nets Big Results

It began slowly, but in the end, it exceeded expectations. The State Department of Revenue has announced the three-month tax amnesty period brought in more than twice what state officials had projected. The department reports almost $43-Million came in before the deadline October 31st, mostly in overdue sales and income taxes. The department had set a goal of $20-Million. Almost $38-Million will go to public education. During the amnesty period, the state waived interest and fees for those who would pay-up long overdue accounts. The amnesty was made available to both businesses and individuals.