Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...
While tax amnesties have generated considerable publicity, many states quietly offer another way for taxpayers to come current on their liabilities—a voluntary disclosure program that, unlike an amnesty, is available year round. In this interview, BNA talks with Kenton M. Bowles, tax partner with Clifton Gunderson LLP, about the differences between the two programs and what taxpayers should consider in deciding whether to take advantage of either one.
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