Economic Weakness Prompts States to Adopt Tax Amnesty Programs
December 16, 2008 at 06:11 AM EST
Facing a disastrous drop-off in tax revenue prompted by the stock market collapse and the current economic contraction, a number of states across the country are adopting tax amnesty programs - offering qualified taxpayers an opportunity to clear outstanding tax liabilities in exchange for a complete or partial suspension of interest and penalties that might [...]