By: William A. Buck, Esq. and Brent S. Kirwan, Esq.

On Friday, April 21, 2017, the Pennsylvania Department of Revenue announced the launch of a tax amnesty program that allows individuals and businesses to pay outstanding tax liabilities.  The program applies to taxpayers with tax liabilities known and unknown to the Pennsylvania Department of Revenue.

Under the program, individuals and businesses may be eligible to have all outstanding penalties waived and outstanding interest reduced by fifty percent.  All taxes administered by the Pennsylvania Department of Revenue are eligible for tax amnesty, with some restrictions.  Taxpayers should note that the time-frame for this program is limited; all tax amnesty payments must be made in full by June 19, 2017.

Individuals, businesses and other entities with known state tax delinquencies as of December 31, 2015, are generally eligible to participate in the tax amnesty program. According to the program’s website, letters will be mailed to the last known address of taxpayers eligible for tax amnesty.   If eligible taxpayers with known, outstanding liabilities with the Pennsylvania Department of Revenue do not make tax amnesty payments by the June 19 deadline, an additional 5 percent penalty will be assessed against outstanding balances.

As an additional incentive to encourage taxpayers to come forward, individuals, businesses and other entities with tax liabilities unknown to the Pennsylvania Department of Revenue only have to file and pay taxes dating back to Jan. 1, 2011.

Leech Tishman’s Taxation Practice Group has experience counseling companies and individuals on a wide range of taxation issues. If you have any questions about the Pennsylvania Department of Revenue Tax Amnesty Program or how to apply, please contact William A. Buck or Brent S. Kirwan.

Bill Buck is a Partner with Leech Tishman and a member of the Corporate and Taxation Practice Groups. Bill is based in Leech Tishman’s Pittsburgh office and can be reached at 412. 880.5623 or wbuck@leechtishman.com.

Brent Kirwan is an Associate with Leech Tishman and a member of the Corporate and Taxation Practice Groups. Brent is based in Leech Tishman’s Pittsburgh office and can be reached at 412.304.0161 or bkirwan@leechtishman.com.

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Leech Tishman Fuscaldo & Lampl is a full-service law firm dedicated to assisting individuals, businesses, and institutions. Leech Tishman offers legal services in alternative dispute resolution, bankruptcy & creditors’ rights, construction, corporate, employee benefits, employment, energy, estates & trusts, family law, government relations, immigration, insurance coverage & corporate risk mitigation, intellectual property, international legal matters, litigation, real estate, and taxation. Headquartered in Pittsburgh, PA, Leech Tishman also has offices in Chicago, Los Angeles, New York, Sarasota and Wilmington, DE.