Voluntary Disclosures and Amnesty Programs

Proactively report prior period tax obligations

Voluntary Disclosure Agreements (or VDA’s) and Amnesty Programs are used to report prior period tax obligations in a proactive fashion.  The nature of your tax exposure and the specific program in place by the state will dictate which program is best for you.  TaxConnex Partners have participated in hundreds of VDA’s and Amnesty Programs with the end result being the successful reduction of client tax liabilities and penalty payments.

As part of our service, TaxConnex will assist with the following:

• Identification of the appropriate program for you to participate
• Negotiation of a limited look-back period and penalty waiver on an anonymous basis
• Upon acceptance of the agreement, preparation of the appropriate paperwork and tax returns to be filed with the taxing jurisdiction
• Monitoring the progress through the resolution phase