Tax amnesty program to begin this fall

August 16, 2010 8:49:18 PM PDT
Supporters of a new state of Illinois tax amnesty program say they hope it will raise $250 million this fall.

People who are overdue on taxes for the past eight years can pay up before facing doubled penalty and interest payments. The taxes were due from July 1, 2002 through July 1, 2009.

The amnesty period runs from October 1 until November 8.