In a recent client alert, we explained Indiana’s new tax amnesty program. We have now just learned that the Indiana Department of Revenue (Department) may soon be announcing that the eight-week tax amnesty program will start in mid-September 2015. The Department will be publishing emergency regulations soon to provide details on the amnesty program. The Department appears to be willing to explore settling taxes, as well as affording taxpayers the abatement of penalties and interest in connection with the amnesty program. Taxpayers with pending disputes with the Department should consider this possible opportunity.

The Department also urges that taxpayers begin discussions with the Department about settlement and amnesty well before the amnesty program start date. Depending upon the issues involved, a business wanting to explore settlement and amnesty with the Department should consider utilizing a tax professional to approach the Department first, especially if the business is a non-filer.