Contact Us Follow Us :      | Find Us |
CBIZ Tofias

Subscribe to Our Blog

Client Satisfaction Survey Results

ClientSatisfaction_new

Follow Us

Cleaning Up Your Tax (Obligations) with Voluntary Disclosure Agreements
Posted by Tarra Curran on Wed, Dec 10, 2014 @ 09:22 AM
Authors: Tarra Curran and Claudia Mullen

While paying taxes might not be our favorite pastime, the overwhelming majority of taxpayers strive to file and pay all of their tax obligations. However, sometimes taxpayers' best efforts to comply with their tax obligations are not enough, especially in the state and local tax world. Although it may be an innocent mistake, such filing non-compliance may be very costly if it is first discovered by the state or local taxing jurisdiction, because the taxpayer will not only be subject to tax and interest but also harsh penalties (up to 25 percent or more). On the other hand, the taxpayer does have options to come forward and minimize its exposure if the taxpayer is the first to discover any non-compliance. Voluntary disclosure agreements, or "VDAs," are a popular and generally effective method for taxpayers to clean up their state tax compliance issues.

How Did You Not Pay Your Taxes?

Read More

Topics: Tarra Curran, Claudia Mullen, VDA program, Voluntary Disclosure Agreements

New Incentives Introduced for Delaware’s Unclaimed Property Voluntary Disclosure Program
Posted by Tarra Curran on Mon, Apr 1, 2013 @ 09:17 AM

VDA Program Now Even More Attractive to Businesses Looking to Resolve Unclaimed Property Matters in Delaware

Authors: Tarra Curran, CPA, MST and Claudia Mullen, CPA, MBA

Read More

Topics: Tarra Curran, Claudia Mullen, audit, Delaware, unclaimed property, unclaimed property audits, VDA program

Popular Posts