Voluntary Disclosure Agreements: How to Come Clean on State Taxes

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When old tax liabilities are discovered, taxpayers can either play the audit lottery or come clean to state taxing authorities about their back taxes. Most states offer voluntary disclosure agreement (VDA) programs for non-filers, which typically offer benefits that make the latter option more attractive.

With more and more businesses offering products and services in multiple jurisdictions, even the most well-intentioned business taxpayer can run afoul of complying with state filing obligations. Taxpayers typically become non-compliant because of the varying state rules regarding when a state can impose its income or sales and use tax on out-of-state companies. …read more

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