3 Benefits to a Voluntary Disclosure Agreement
TaxConnex
JUNE 29, 2021
A voluntary disclosure agreement (VDA) is a legal means for taxpayers to self-report back taxes owed for income, sales, property, and other tax types. In exchange for voluntarily reporting the tax due, states offer a waiver of some penalties and other benefits to the business. This is the most significant/valuable element of the VDA.??Assuming
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