- If the taxpayer has delinquent returns - file required tax returns along with supporting documentation no later than Dec. 5, 2009 and pay the full amount of the tax and one half of the interest by the end of the period, or within 30 days of the date of any related assessment, whichever is later;
- If the taxpayer has outstanding tax bills - remit payment for taxes due along with half the interest amount no later than Dec. 5, 2009;
- File or pay by mail, postmarked no later than Dec. 5, 2009, or submit filings or payments online at http://www.getsquareva.com/ by midnight on Dec. 5, 2009.
Exposure for Not Participating: Full Interest + Additional 20% Penalty for Late Taxes
If delinquent taxpayers do not pay their tax bill by December 5, 2009, they will be charged full interest and an additional 20 percent penalty for late taxes.
The Department of Taxation is sending 550,000 notices to households and businesses with outstanding tax bills. The notices will consolidate what is owed and the potential savings through the amnesty program. The average delinquent tax bill in Virginia is $2,315.For more details, see the Tax Commissioner's Tax Amnesty Guidelines. If you have any questions regarding the Amnesty program or would like assistance, please contact me at firstname.lastname@example.org.