“Virginia offering amnesty program for delinquent taxes”

Posted on 10.13.17

“Virginia offering amnesty program for delinquent taxes”

Terry Barrett, Keiter Tax Senior Manager and Leader in Keiter's State and Local Tax team, shared her insights on the Virginia Tax Amnesty Program in the Richmond Times Dispatch article, “Virginia offering amnesty program for delinquent taxes.”


Excerpt:

For most people and businesses that owe back taxes to Virginia, now is the time to pay up.

The Virginia Department of Taxation is offering an amnesty program for delinquent taxpayers through Nov. 14. Taxpayers can pay the tax and half the interest, and the state will waive any remaining interest and all penalties.

Tax amnesty programs don’t roll around often. This one is the fourth since the first program was offered in 1990. The second was in 2003 and the third in 2009. 

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If you have questions about Richmond’s Tax Amnesty Program or local tax filing requirements generally, please reach out to Terry Barrett or your Keiter advisor | 804.747.0000 | Email

Read more on Amnesty Programs.

The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.

Posted by: Terry Barrett, CPA

Terry Barrett specializes in state and local tax concerns for her clients. She has over 30 years of experience working in the public and private accounting sector. She is a graduate of Virginia Commonwealth University. You can read more of Terry’s state and local tax insights here.