Connecticut – State’s Voluntary Disclosure Program, ‘Fresh Start,’ Provides Incentives For Taxpayers With Unreported Tax Liabilies

SALT Report 2018-6 – CT Fresh Start is available to both individuals and businesses. The program provides incentives to taxpayers to voluntarily come forward and pay their unreported tax liabilities.

You may be eligible if you failed to file a return, or failed to report the full amount of tax on a previously filed return for any tax return due on or before December 31, 2016.

CT Fresh Start provides the following incentives:

  • No Penalties.  Penalties will not be imposed on the tax you report and pay through CT Fresh Start.
  • Interest Reduced by 50%.   DRS will waive 50% of the interest on the tax you report and pay through CT Fresh Start.
  • Limited Look-Back for Non-Filers.   Certain non-filers may qualify for a limited look-back period.  See questions 14-17 in the Frequently Asked Questions for details on limited look-back periods.
  • Taxpayers who believe they qualify for a limited look-back period must call DRS at 1-877-729-6691 prior to applying for CT Fresh Start.
  • No Criminal Prosecution.   DRS will not initiate a criminal investigation or seek prosecution in relation to any application submitted and tax paid in good faith under CT Fresh Start.

To participate, taxpayers must complete a brief online application before the program closes on November 30, 2018. The sooner you apply, the more interest you could save.  If you are selected for an audit prior to participating in CT Fresh Start, you will be ineligible for this program.   APPLY NOW!

For More Information:
CT. Gov Press Release
CT Fresh Start
CT Department of Revenue Services