US Federal and State Tax Amnesty

Amnesty Bill

Tax Amnesty

Nearly every state in the union allows for some form of tax amnesty. The legislation is made at the state level and varies wildly between each state. The best way to know if you can qualify for tax amnesty is to ask an accounting tax professional, or to enquire with your state government.

About Tax Amnesty

Tax amnesty is usually an opportunity for taxpayers to pay a pre-defined amount of owed taxes in exchange for legal forgiveness of an outstanding tax liability. The tax liability can include interest and penalties owed.

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Tax Amnesty Facts

Fast facts on tax amnesty:

Tax amnesty usually expires when a legal authority begins a tax investigation of any past-due tax.

The state of California Franchise Tax Board has run two tax amnesty programs to recover past-due state tax revenues.

Tax amnesty periods usually only last for a short duration.

20 million Americans currently owe some back taxes.

Not everyone owning taxes does so intentionally. The tax code can be very complex and even those trying to comply with the law may not pay all taxes due. This is where tax amnesty programs can really help some American citizens.