Voluntary Compliance/Disclosures

The Multistate Tax Commission (MTC) offers a voluntary disclosure program that allows companies to resolve potential tax liabilities simultaneously with multiple states. Companies are able to contact a number of states anonymously to propose settlement of potential state tax liabilities.

Voluntary Disclosures, once accepted by the state, are binding, and can provide resolution and eliminate future time-consuming and expensive tax consultation. At PKM, we can help you identify and address any potential state conflicts before you are faced with any assessments or penalties.