If you missed our live webinar on The Benefits of Voluntary Disclosure for State and Local Taxes, you can watch it now on your YouTube channel here and download two important documents that were discussed during the webinar, the Wayfair Update Overview and the Wayfair Update Chart.
Summary of the webinar: Businesses sell products or provide services in many states, and in the process, they may be creating potential state and local tax liabilities that may go undiscovered or unresolved for years. These liabilities, if uncovered by state taxing authorities, can result in the assessment of tax, interest and penalties, and can have a massive impact on a company’s profits or their ability to conduct future business activities. The states offer voluntary disclosure programs and other means for businesses to remediate their prior liabilities and come into compliance with their tax laws, however these programs can be difficult to navigate without the assistance of experienced tax professionals who understand state and local tax laws and how these programs work. Join SALT partner Tom Mazurek, CPA for a discussion about voluntary disclosure programs and how businesses can address prior state tax liabilities and avoid future issues.
For more information about State and Local Tax and Sales & Use Tax matters, contact Tom Mazurek, Jr., CPA, Partner – State & Local Tax Group, Tronconi Segarra & Associates LLP at 716.633.1373 or tmazurek@tsacpa.com.
