Pennsylvania adopted a temporary tax amnesty plan that runs from April 12, 2017 through June 19, 2017. Under the plan, all penalties and 50% of the interest will be waived for applicants with tax delinquencies as of December 31, 2015 who pay their tax liabilities. Virginia also recently enacted a similar law to provide a 60- to 75-day tax amnesty program sometime between July 1, 2017 and June 30, 2018.
Information on the Pennsylvania amnesty program is available at http://www.revenue.pa.gov/taxamnesty/Pages/default.aspx#.WNmmV2_ytJ4.
Information on the Virginia program is available at www.tax.virginia.gov/guidelines-virginia-tax-amnesty-program.
For more information about this article, please contact our tax professionals at taxalerts@windes.com or toll free at 844.4WINDES (844.494.6337).