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Tax Amensty Program For Nevada Businesses Begins Feburary 1

Nevada businesses that owing taxes will be able to pay them without interest charges or penalties beginning February 1 through May 1.

The Department of Taxation made the announcement Tuesday, saying the entire debt will have to be paid during that period.

Nevada's Legislature approved the amnesty program during a special session last year to encourage people and businesses to pay their back taxes as businesses suffered revenue losses due to COVID-19.

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Liabilities could be the result of unfiled tax returns, past audits, large untaxed purchases and errors found in other returns.