Florida Tax Amnesty Program

Are you a Florida resident or business owner?

Do you owe the state any sort of back taxes, other than unemployment taxes?

Then the state has an offer for you! Florida is joining an ever growing list of states that have recently offered tax amnesty programs. More and more state legislatures are trying to increase delinquent tax collections to fill the state coffers in these hard economic times by offering “deals” to everybody on their tax debts.

Here’s how Florida’s program will work. The state will waive ALL penalties on your tax liability that was assessed prior to July 1 of this year. In addition, the state will waive 1/4 of the interest charges. If you have not made the state aware of a tax liability that you know is there, they will waive 1/2 the pro-rated interest charges.

In order to participate, you have to be free of criminal prosecution and/or investigation for violation of state tax laws, and you can’t already be on a payment plan. The program ends on September 30th, so if you think you qualify, apply ASAP.

For more information, visit the Florida Tax Amnesty Program web site.