Effective now through February 15, Ohio’s Tax Amnesty program allows delinquent taxpayers to fully resolve their liabilities by paying the tax plus one-half interest with no penalty. Ohio’s Tax Amnesty program is available for all Ohio taxes, including sales tax; use tax; commercial activity tax; and individual income tax. To be eligible, the delinquent tax must have been due and payable as of May 1, 2017.
To apply for amnesty, taxpayers must complete and sign an Ohio Tax Amnesty application, file the applicable tax return(s), and fully pay the tax liability. Taxpayers who have not already registered with the Department of Taxation will also need to register for the applicable taxes. After submitting all required information, the taxpayer will be informed of their approval within 30 days. This program only applies to taxpayers who voluntarily disclose and pay their delinquent taxes by February 15, 2018. This option is not available on any tax for which an audit is pending, or for which an assessment has been issued.
The Ohio Tax Amnesty program is most effective for more recent delinquencies. If your unpaid taxes are more than three years old, you should consider a voluntary disclosure agreement (VDA), which may result in a lower liability. Please feel free to contact us to find out if you or your business should take advantage of Ohio Tax Amnesty or a VDA.
419-625-4942
Sandusky
419-668-2552
Norwalk
Treasury Circular 230 Disclosure
Unless expressly stated otherwise, any federal tax advice contained in this communication is not intended or written to be used, and cannot be used or relied upon, for the purpose of avoiding penalties under the Internal Revenue Code, or for promoting, marketing, or recommending any transaction or matter addressed herein.