How to File a Voluntary Disclosure Agreement
Contact a Specialist at PMBA
A tax specialist will respond promptly and help identify your sales tax nexus exposure and requirements.
We’ll Help You Mitigate Your Potential Liability
Our team will determine if a Voluntary Disclosure Agreement is the appropriate mitigation strategy and proceed to work with the state(s) to file. Your company will remain anonymous during the initial discussions with the state until you decide whether or not to move forward.
We’ll Help You Manage Your Compliance
Our team will negotiate terms and help you better understand your obligations to the state. We will also formulate an ongoing compliance strategy specific to your business needs.
Minimize Your Company’s Tax Burden with PMBA
For several businesses, discovering unknown tax liabilities seems like a nightmare. Many companies respond by simply registering and filing sales tax returns going forward. However, this can trigger an audit and subsequently lead to a longer lookback period and higher interest paid. Before you start to comply, it is important to evaluate protective options like a Voluntary Disclosure Agreement.
The process of negotiating a voluntary disclosure agreement, with sales tax owed to the state, may uncover additional tax liabilities in that state. Naturally, you only want to undergo the process of filing and negotiating a voluntary disclosure agreement if it’s best for your business. But how do you know for sure? A PMBA expert can give you a personalized recommendation based on your company’s unique circumstances.