Tuesday, May 5, 2009

05-05-2009 State of Arizona Offering Amnesty

If you have failed to file prior Arizona tax returns, there is no time like the present. The State of Arizona is offering an amnesty program for late filers who file their past years returns between May 1, 2009 and June 1, 2009. The state is offering to allow filers to pay back taxes owed to the state without penalty or criminal prosecutions, and at a reduced interest rate for those who qualify. The taxes that are eligible for the amnesty program cover not only income tax but also other taxes such as transaction privilege tax.

For taxes filed on an annual basis, such as income tax, amnesty is available for years beginning on or after January 1, 2002 and ending before January 1, 2008. Taxpayers who file taxes, such as transaction privilege or withholding, on a monthly or quarterly basis are eligible for tax periods beginning on or after January 1, 2003 and ending before January 1, 2008.

The Amnesty Tax Returns must be accompanied by the Amnesty Application form, and must be filed or postmarked by June 1st in order to qualify for the Amnesty Program. Also, the tax due must be paid in full by the June 1st due date.
To obtain the amnesty forms or more information regarding the amnesty program please visit the state’s website at http://www.revenue.state.az.us/Taxamnesty/

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