Smooth sailing at Rev & Tax, despite 11th-hour filers - KUAM.com-KUAM News: On Air. Online. On Demand.

Smooth sailing at Rev & Tax, despite 11th-hour filers

Posted: Apr 17, 2018 4:35 PM Updated:

It was smooth sailing for the Department of Revenue & Taxation on this tax deadline day. Director John Camacho reports there was no mad rush of last-minute filers. He says most of those expecting refunds submitted returns many weeks ago, so it's usually just those that owe money that wait until the last day.

He told KUAM News, "Our Treasurer of Guam downstairs and our Collection Branch have been busy yesterday, but today it's okay. So its manageable and it's been smooth. And one of the things I want to stress out is if you can't file your return, please file an extension."

Meanwhile, Camacho says April is always a good month for tax revenue. And GovGuam will get a large, much- needed infusion as it continues to deal with the shortfall from the Trump tax reforms. "Basically because everyone that owes taxes, whether its corporations, mainly because now even corporations are paying in April, and individuals. So it's a big chunk of money because all the corporations and the individuals coming in. unlike two years back, three years back corporations were actually filing in March," he said.

Rev & Tax is also working on an amnesty program to waive fees and penalties on all delinquent taxes for 2016 and back. Camacho says they're still working on the details, and will announce the program soon. He estimates another revenue infusion of as much as $20 million in unpaid taxes.

  • NEWS HEADLINESMore>>

  • Alleged armed robber begs judge for less time

    Alleged armed robber begs judge for less time

    "Nobody's dead. Nobody died." Those were words from defendant Jeremy Allen Evaristo in court today as he reasoned why the government should give him less than the 15 year jail term outlined in his proposed plea agreement. Evaristo is charged in a string oMore >>
    "Nobody's dead. Nobody died." Those were words from defendant Jeremy Allen Evaristo in court today as he reasoned why the government should give him less than the 15 year jail term outlined in his proposed plea agreement. Evaristo is charged in a string oMore >>
  • No settlement reached in clergy sex abuse lawsuits

    No settlement reached in clergy sex abuse lawsuits

    Mediation talks end today for the 180-plus clergy sexual abuse lawsuits hoping to settle out of court. Though he couldn't provide the details, plaintiffs' attorney David Lujan told KUAM on Friday afternoon "We didn't reach settlement, but we're still talkMore >>
    Mediation talks end today for the 180-plus clergy sexual abuse lawsuits hoping to settle out of court. Though he couldn't provide the details, plaintiffs' attorney David Lujan told KUAM on Friday afternoon "We didn't reach settlement, but we're still talkMore >>
  • Lawyers don't want nurses to testify in cop's criminal sexual conduct case

    Lawyers don't want nurses to testify in cop's criminal sexual conduct case

    Defense for GPD Officer James Norbert Muna say they don't want nurses from Healing Hearts to take the stand. Last year, Muna - who has been on the force for 18 years - was charged with multiple counts of both first and second degree criminal sexual conducMore >>
    Defense for GPD Officer James Norbert Muna say they don't want nurses from Healing Hearts to take the stand. Last year, Muna - who has been on the force for 18 years - was charged with multiple counts of both first and second degree criminal sexual conducMore >>
Powered by Frankly