Voluntary Disclosure Agreements (VDAs) are becoming more common than amnesty programs and other workout solutions in cleaning up tax compliance, but do we really get them? TaxOps’ Judy Vorndran and Avalara’s Winona Dotson address these workout strategies at the IPT 47th Annual Conference June 25-28 in Grapevine, Texas.
Avoid the Shootout: Voluntary Disclosure Agreements and Other Options
June 27, 2023 | 10:30 – 11:45 am CT
Institute for Professionals in Taxation 47th Annual Conference
When it comes to cleaning up tax compliance, Voluntary Disclosure Agreements (VDAs) are an option and becoming more common than amnesty programs and other workout solutions. We all understand the Voluntary Disclosure Agreements process, but do we? There is now increased scrutiny over these agreements by state tax authorities due to evolving issues in Public Law 86-272 and alternative players offering sales tax VDAs to businesses. Learn what has changed since Wayfair and how to explain to business leaders it is not just about the economics of where to do a VDA but what duties have arisen due to business activities.
After attending the session, the attendee will be able to:
- Describe VDAs versus alternative strategies
- Learn history of how VDAs evolved
- Analyze the differences between amnesty programs and VDAs
- Discuss differences in how states deal with VDAs
- Assess strategies for VDA success and where issues can arise
Judy Vorndran, JD, CPA
Winona Dotson, CMI
Director, Professional Services, Avalara