Kentucky’s tax amnesty in final week
Photographer: WEWS
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 11/26/2012
FRANKFORT, Ky. - Department of Revenue officials announced Monday that Nov. 30 is the final day to apply for tax amnesty in Kentucky.
The tax amnesty program offers a 61-day window for delinquent taxpayers to come forward. Residents that come forward and utilize the amnesty can expect to save 30 percent or more. For tax payers that do not come forward tougher penalties, fees, and a higher interest rate will be applied along with more aggressive collection efforts.
The Kentucky Department of Revenue has extended the regular business hours of its 10 field offices in anticipation of the tax amnesty deadline.
• Monday, Nov. 26 through Thursday, Nov. 29: 8 a.m. to 7 p.m.
• Friday, Nov. 30: 8 a.m. to 9 p.m. (or until last taxpayer in line leaves)
Since amnesty began Oct. 1, taxpayers have sent in thousands of payments. Kentucky last conducted an amnesty in 2002, which netted the state more than $40 million.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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