The countdown is on. The District of Columbia is in the midst of a Tax Amnesty Program for many categories of taxpayers including individual income, corporate and unincorporated franchise, withholding, sales and use, and personal property taxes for returns that should have been filed prior to December 31, 2009. Real property taxes and the ball park fee are not included in the tax amnesty program. The tax amnesty period will last until September 30, 2010, so employers should consider taking advantage of this opportunity to pay back taxes with no civil or criminal penalties.
The process for requesting tax amnesty is relatively simple. Taxpayers must file an Application for Tax Amnesty prior to the September 30 deadline and include all unfiled returns, payments, and interest. All taxes and interest must be paid by the deadline, and no payment plans are available for the tax amnesty program.
If you suspect that you may owe back taxes in the District of Columbia, or you know that you do, now is the time to take action. The countdown continues.