It happens.  You forgot to register for sales tax and now you have a potential liability weighing on your business.  Fortunately, there are solutions.  One is a voluntary disclosure.

Voluntary disclosure programs are offered by states and some local governments to entice unregistered taxpayers to come forward and disclose unreported tax liabilities by offering the following incentives:

• Anonymous application
• Reduced period for reporting back taxes (lookback period)
• Full or partial waiver of late filing and payment penalties
• Full or partial waiver of interest due on unreported taxes

While the terms of a voluntary disclosure agreement is typically preset, it has been our experience that states can be flexible.  So, let me advocate on your behalf to see if I can obtain better terms for you.

But it’s not a simple as reporting your taxable sales.  We help you identify exempt customers or confirm whether your customer may have self-reported the tax.  We help you secure supporting documentation and prepare worksheets or tax returns to fulfill your obligations under the terms of the agreement.