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
