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10-01-2016 LSU Pregame

Amnesty Program For Delinquent Missouri Taxpayers To Kick Off

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Amnesty Program For Delinquent Missouri Taxpayers To Kick Off

Jefferson City, MO  (KTRS)  Starting Tuesday, delinquent Missouri taxpayers can pay back taxes without penalties or interest under a temporary amnesty program. Participants must follow tax laws and pay on time for the next eight years or face paying previously waived fines and interest. Revenue department estimates show roughly 350,000 taxpayers could be eligible, potentially […]

Amnesty Program For Delinquent Missouri Taxpayers To Kick Off

Jefferson City, MO  (KTRS)  Starting Tuesday, delinquent Missouri taxpayers can pay back taxes without penalties or interest under a temporary amnesty program.

Participants must follow tax laws and pay on time for the next eight years or face paying previously waived fines and interest. Revenue department estimates show roughly 350,000 taxpayers could be eligible, potentially making the program one of the most high-impact legislative measures this year.

The amnesty period is expected to raise more than $75 million for the state. Lawmakers earmarked about $40 million to pay for adult dental benefits for Medicaid recipients and a provider rate increase. The rest would be considered general revenue.

Similar tax amnesty programs were enacted this year in Kansas, Indiana, Maryland and Oklahoma. The deadline to enroll in this program is November 30th.

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By Mark Zinn

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