PAY THE TAX AND RELAX

Anyone who wants to settle tax debts with the State of Iowa should take advantage of the Iowa Tax Amnesty program being offered from September 4 through October 31, 2007. Eligible taxpayers include those who did not file a required return, those who made mistakes on a previously-filed return, and those who may simply have tax debt with the Department.

The program allows for a waiver of all penalties and one-half the interest for past-due returns or reports and any additional taxes due for returns or reports that were originally due on or before December 31, 2006. The amnesty program is available for all state taxes administered by the Department of Revenue. The program does not apply to taxpayers currently under active criminal investigation or to a taxpayer who is part of a criminal proceeding pending in the Iowa court system.

The benefits of participating in the taxpayer amnesty program include the following:

• Participating taxpayers can “wipe the slate clean” by clearing up unpaid, underreported or overdue taxes without fear of retaliation;
• Taxpayers can save money because the program offers a one-time chance to pay without penalty and one-half the interest waived;
• Taxpayers will be able to avoid legal action; and
• Participating in the taxpayer amnesty program will not increase the chance of being audited in the future.

An application will be required when requesting Tax Amnesty.  All tax returns or reports must be filed with the application.  Write “Amnesty” across the tope of the return or amended return and on any check or money order.

The Department will launch its Iowa Tax Amnesty website soon.  The site will include frequently-asked questions and their answers and access to the Tax Amnesty application and other tax forms.  In addition, a Tax Amnesty toll-free number and email address will be available.

 

 

ATA OFFICE HOURS
Monday thru Friday 8:00 a.m. 4:30 p.m.

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MANAGE FOR SUCCESS—How to Save Struggling Employees

• Catch problems early.  Open communication helps identify employees who are having trouble on the job or at home before the problems escalate.
• Convey expectations.  The touch-base meetings also give managers a chance to clearly explain what’s working—and not working—about an employee’s performance.
• Be flexible.  By finding new ways to work, you can retain an employee who already knows the business.
• Know when to give up.  Not all employees can be saved.  The challenge is knowing when to cut ties and move on.

(from August/September 2007 issue of MyBusiness magazine)

Did you know that . . .
Labor Day is a national legal holiday that is over 100 years old.  It is observed on the first Monday in September throughout the United States, Puerto Rico and Canada.  In Australia, Labor Day is called Eight Hour Day, and it commemorates the successful struggle for a shorter working day.  In Europe, Labor Day is observed on May 1st, also known as May Day.

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