Times-Tribune Staff Report
Delinquent Kentucky taxpayers interested in applying for tax amnesty only have until Friday to get into the program.
Otherwise, once Friday passes, the state’s amnesty legislation reinstates all penalties and fees.
In order to expedite this process, the Kentucky Department of Revenue will extend office hours at field offices statewide. This includes the Corbin office, located at 15100 N U.S. 25 Suite 2.
That office’s phone number is 606-528-3322.
This week’s hours are today and Thursday, 8 a.m.-7 p.m., and Friday from 8 a.m.-9 p.m., or until the last taxpayer leaves.
Should a delinquent taxpayer not apply for amnesty, he or she could face a 25 percent cost-of-collection fee, a 25 percent assessment fee, a 50 percent fee for not filing a tax return and a 25 percent fee on liabilities discovered through an audit. Also, all interest owed will be reinstated to the total delinquency owed, and 2 percent will be added to the interest rate.
According to the Department of Revenue, as much as 30 percent could be saved if the taxpayer receives amnesty.
For those under the amnesty plan who need payment flexibility, arrangements can be made if there is a proven hardship. However, under this payment flexibility plan 25 percent of the delinquent amount must be paid at the time of application. While the penalties and fees are waived, the interest is not reduced and the remaining balance must be paid by May 31, 2013.
For taxpayers receiving amnesty, they must continue to make all required tax payments for the next three years. If not they can expect all fees, penalties and interest to be reinstated.
The Department of Revenue last offered amnesty in 2002, collecting more than $40 million.
Times-Tribune Staff Report
- Local Sports
The Williamsburg Yellow Jackets are partying like it's 1987! That was the last time the Jackets won a game in the 13th Region Tournament, and they ended the 27-year drought with a 47-44 win over the heavily-favored Knox Central Panthers on Thursday night.
Les Dixon's Daily Region Pick'Em
When it comes to picking region tournament games, it’s not an easy task to say the least. This is the most parity that I’ve ever seen in the 13th Region Boys and Girls Tournaments.
If Clay County’s play during the first game of the 13th Region Tournament is any indication of things to come, Robert Marcum’s squad could be well on its way of capturing their second straight 13th Region championship.
The Way it is
Since I’m picking Corbin to pull off the upset against Jackson County today, I figured I’d give my top five upsets dating back to 2005-06 when the 13th realigned and welcomed both North and South Laurel high schools to the mix.
Tony Pietrowski’s Corbin Redhounds have been favored during the past two first round 13th Region match-ups, and have been upset both times. Corbin is hoping things might change a bit this time around.
Barbourville will have hands full against Bell County today
Dinky Phipps’ Barbourville Tigers are looking for their first 13th Region Tournament win dating back to 2006’s tournament when they defeated Clay County in the regional semifinals.
Like It or Not
There’s an elephant in the room at this year’s 13th Region Tournament, and really in basketball in general, and I guess I’ll be the first one to point it out (publicly with my name attached to it).
Chris' Daily Region Pick'Em
With the first three days of opening round games in the books, I can honestly say I'm not surprised that I'm 4-2 overall when it comes to my pick'ems record.
You can never count out the Clay County Lady Tigers when it comes to the 13th Region Tournament.
Les Dixon's Daily Region Pick'em
After going just .500 during the girls games, things are going to get even tougher when it comes to picking the 13th Region Boys Tournament games.
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