Ohio offers amnesty period for settling unreported tax debts - WFMJ.com News weather sports for Youngstown-Warren Ohio

Ohio offers amnesty period for settling unreported tax debts

Posted: Updated:

COLUMBUS, Ohio (AP) - Ohio taxpayers with unreported or underreported tax debts will get an amnesty period in which they can pay a reduced amount of interest and avoid owing further penalties if they settle up.

Ohio's Department of Taxation is promoting the six-week amnesty program for residents and businesses, which runs from Jan. 1 to Feb. 15. During the amnesty window, eligible taxpayers who fully pay their delinquencies will pay half the normal interest and no extra penalties.

It applies only to tax delinquencies that were due before May 1, 2017, and are currently unknown to the department. That means the department isn't sure how many taxpayers might be eligible or what the total of their delinquencies might be.

The department says Ohio's last amnesty period, offered in 2012, brought in $27 million.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More From wfmj.comHot ClicksMore>>

  • Koko the gorilla used smarts, empathy to help change views

    Koko the gorilla used smarts, empathy to help change views

    Saturday, June 23 2018 1:45 PM EDT2018-06-23 17:45:49 GMT
    Koko, the gorilla who mastered sign language, has died in her sleep at the foundation's preserve in California's Sana Cruz mountains on Tuesday.More >>
    Koko, the gorilla who mastered sign language, has died in her sleep at the foundation's preserve in California's Sana Cruz mountains on Tuesday.More >>
  • Canada's legalization to offer pot by mail, better banking

    Canada's legalization to offer pot by mail, better banking

    Saturday, June 23 2018 1:45 PM EDT2018-06-23 17:45:25 GMT
    (Adrian Wyld/The Canadian Press via AP, File). FILE - In this April 20, 2015 file photo, a Canadian flag with a cannabis leaf flies on Parliament Hill during a 4/20 protest in Ottawa, Ontario. Canada is following the lead of Uruguay in allowing a natio...(Adrian Wyld/The Canadian Press via AP, File). FILE - In this April 20, 2015 file photo, a Canadian flag with a cannabis leaf flies on Parliament Hill during a 4/20 protest in Ottawa, Ontario. Canada is following the lead of Uruguay in allowing a natio...
    With marijuana legalization across Canada on the horizon, the industry is shaping up to look different from the way it does in the nine U.S. states that have legalized adult use of the drug.More >>
    With marijuana legalization across Canada on the horizon, the industry is shaping up to look different from the way it does in the nine U.S. states that have legalized adult use of the drug.More >>
  • Tariffs stir unrest among American whiskey producers

    Tariffs stir unrest among American whiskey producers

    Saturday, June 23 2018 12:43 PM EDT2018-06-23 16:43:27 GMT
    (AP Photo/Steve Helber). In this Wednesday, June 20, 2018, photo, Catoctin Creek Distillery whiskey is on display in the tasting room in Purcellville, Va. The European Union on Friday will start taxing a range of U.S. imports, including Harley-Davidson...(AP Photo/Steve Helber). In this Wednesday, June 20, 2018, photo, Catoctin Creek Distillery whiskey is on display in the tasting room in Purcellville, Va. The European Union on Friday will start taxing a range of U.S. imports, including Harley-Davidson...
    American distilleries have watched warily as the threat of tariffs from Europe ratcheted up in recent weeks.More >>
    American distilleries have watched warily as the threat of tariffs from Europe ratcheted up in recent weeks.More >>
  • More NewsMore>>

  • Hot Rod Super Nationals continues in Canfield

    Hot Rod Super Nationals continues in Canfield

    Saturday, June 23 2018 1:43 PM EDT2018-06-23 17:43:41 GMT
    The second day of the Hot Rod Super Nationals got underway earlier this morning at the Canfield Fairgrounds.   Spectators poured in to see muscle cars, classic cars, and even buy parts for hot rods their putting together at home. While many cars turned heads this year, it was a new Packard exhibit that got the attention of many. Promoters say they wanted to pay tribute to the classic cars that were built right here in the Valley.  Lee Hartman, a promoter for Hot Rod Super ...More >>
    The second day of the Hot Rod Super Nationals got underway earlier this morning at the Canfield Fairgrounds.   Spectators poured in to see muscle cars, classic cars, and even buy parts for hot rods their putting together at home. While many cars turned heads this year, it was a new Packard exhibit that got the attention of many. Promoters say they wanted to pay tribute to the classic cars that were built right here in the Valley.  Lee Hartman, a promoter for Hot Rod Super ...More >>
  • Power returned to most in Mercer County, some still without

    Power returned to most in Mercer County, some still without

    Saturday, June 23 2018 1:32 PM EDT2018-06-23 17:32:11 GMT

    First Energy is reporting power outages in Mercer County. Reports state that as of now, over 21,000 homes are without power throughout Mercer County. 7,736 of those homes are in Hermitage City. The cause for this power outage is unknown at this time. Stick with 21 News for updates. 

    More >>

    First Energy is reporting power outages in Mercer County. Reports state that as of now, over 21,000 homes are without power throughout Mercer County. 7,736 of those homes are in Hermitage City. The cause for this power outage is unknown at this time. Stick with 21 News for updates. 

    More >>
  • Students build microcomputers at Valley Christian STEM Camp

    Students build microcomputers at Valley Christian STEM Camp

    Saturday, June 23 2018 10:11 AM EDT2018-06-23 14:11:38 GMT

    It's summer camp season, from basketball camps to vacation bible school to STEM Camp this week in Youngstown; a chance for students to build their own computers. All week long, a room full of kids at Youngstown's Lewis Center pounded away on keyboards connected to tiny little computers they built themselves. 

    More >>

    It's summer camp season, from basketball camps to vacation bible school to STEM Camp this week in Youngstown; a chance for students to build their own computers. All week long, a room full of kids at Youngstown's Lewis Center pounded away on keyboards connected to tiny little computers they built themselves. 

    More >>
Powered by Frankly
All content © Copyright 2000 - 2018 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms