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Voluntary Disclosure
Agreements
In the event your
company has substantial exposure in in states where the company
is not filing sales and use tax returns, we can minimize any
potential liability through our voluntary disclosure agreements
("VDA"). Through
the VDA process, we negotiate settlements with state tax
agencies to limit the look-back or audit period, eliminate
penalties, and sometimes even abate interest.
Once the settlement with the state is achieved, we help
determine and minimize the amount of sales and use tax that
must be reported under the agreement. Our ongoing relationships
with state tax agencies allow us to maximize your benefits.
Key Benefits
- Eliminate Penalties and Possibly Interest
- Limit the Look-Back
- Minimize the Tax that Must be Reported Under the Agreement
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