Tax Amnesty For Louisiana Taxpayers Begins Today
If you owe the State of Louisiana money in back taxes today might be your lucky day. Today starts a period of tax amnesty for delinquent taxpayers in the state. If you owe money you can pay that money without facing a penalty.
The state is hoping this plan of tax amnesty will generate $200 million dollars in revenue. That amount may seem large but when you consider there is between 1.3 and 1.4 billion dollars outstanding to the state it is a small drop in the bucket. It is estimated that 443-thousand Louisiana residents owe the state money. This period of amnesty would allow citizens to come forward and pay what they owe with out fear of penalty.
The process can be completed on line by following this link. Officials estimate it could take as little as 5 minutes to complete the process. If you have questions about the program you can click here. There will be two other tax amnesty programs in 2014 and 2015 but there will be higher interest rates. Officials urge citizens to resolve their tax debt now because in the long run it will save you money and legal heartaches in the future.