December 8, 2017

CT incentivizes tax scofflaws to pay up

PHOTO | HBJ File
PHOTO | HBJ File
Kevin B. Sullivan commissioner of the Connecticut Department of Revenue Services.

State officials are launching a new voluntary compliance program that incentivizes delinquent taxpayers to report and pay back taxes with the goal of returning as much as $85 million to state coffers.

The CT Fresh Start program is available to both individuals and businesses, said state Department of Revenue Services (DRS) Commissioner Kevin Sullivan.

This is not a tax amnesty program, but rather one in which the state works with individual and business taxpayers to get them back-on-track filing, reporting and paying their tax obligations, Sullivan said.

Once a CT Fresh Start application is accepted, DRS will waive penalties and reduce the interest owed by as much as 50 percent. If requested before applying, DRS may agree to a limited "look back" period, Sullivan said.

The sooner a taxpayer enters the CT Fresh Start program, the more they can potentially save on interest and possibly avoid an audit, which would disqualify them from participating, he said.

Created by the bipartisan state budget signed into law on Oct., state authorities hope to bring in $60 million to the state by the end of fiscal year 2018 and an additional $25 million by Nov. 30, totaling $85 million.

To participate, taxpayers must complete the online application on the DRS website or at www.makeafreshstartct.com. Questions on the CT Fresh Start program can be directed to DRS by calling 1-877-729-6691.

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