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Voluntary Disclosure Agreement Services

At Venture Tax Group, we created a Company dedicated to providing Voluntary Disclosure Agreement services. We bring 30 years of state and local tax experience to provide Voluntary Disclosure Agreement management services for sales and use tax, gross receipt tax and state income and franchise tax. We take a different approach including offering sales tax return preparation services and state income and non-resident withholding tax preparation services. We also use tax management software that allows us to keep the private equity firm, the VDA participant and the seller current on the status of each VDA.

VDA Lookback by State Chart

Our Services

Review the sales data and prepare a model to estimate the sales and use tax exposure by state, with the ability to adjust the liability for customers with exemptions.

Processing sales and use tax data for historical periods, resulting in either the creation of worksheets in lieu of returns or filing actual returns. using a sales tax engine

Input the federal return data, prepare apportionment models, prepare the state income tax and non-resident withholding tax returns, and file the returns in the appropriate manner.

Track exemption certificates, create a salestax email address, blast emails to customers in four traunches, guide the client on which customers to call, validate exemption documentation, and adjust tax exposure accordingly.

Prepare the VDA requests, file all ancillary forms, respond to all questionnaires, prepare all tax registrations, submit all returns to the state and ancillary forms, and manage any requests for extensions on filing deadlines.

Current Sales and Use Tax Return Preparation

Comprehensive management of ongoing compliance, including data review, return preparation, and timely filing across all tax jurisdictions.

Sales Tax Registration

Prepare and file sales tax registrations for jurisdictions where the Company will not file a Voluntary Disclosure Agreement.

Negotiated Settlement for States Where VDA Can't Be Done

Sometimes a Company can't qualify for a Voluntary Disclosure Agreement but wants to negotiate a quasi-VDA, such as a waiver of penalties and a limit on the lookback period.

Tax Audit Management

Strategic management of state tax audits to minimize liability and ensure compliance through expert representation and oversight.

Our Experience

We specialize in navigating the intricate landscape of multi-state tax compliance and voluntary disclosure agreements. Our methodical approach ensures that complex state income and sales tax obligations are resolved with precision and authority, providing our clients with the strategic clarity needed for long-term financial stability.

Tax Insights

Expert analysis and regulatory updates on voluntary disclosure agreements and state tax compliance.

Monitor Your Progress

Gain real-time visibility into your voluntary disclosure agreement status. Our client dashboard provides a methodical overview of tax compliance milestones, ensuring complete transparency and precise tracking of your state income and sales tax obligations.

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