StateIncomeTax
StateIncome

Nexus Studies & Voluntary Disclosure

DMA’s Nexus Studies & Voluntary Disclosure services focus on assisting you in becoming compliant and mitigating any past and prospective state income and franchise tax liabilities. We combine state-specific tax professionals with multi-state tax experience in order to provide you with the most thorough and accurate service in the industry.

Our nexus studies provide an analysis of your activities by state to determine if you are properly complying in jurisdictions for which sufficient presence is established. We look at factors such as property locations, payroll, location of personnel, inventory locations, and the nature of your product or service delivery. We provide you with a nexus chart depicting your activities by state along with recommendations regarding how to manage any new jurisdictions where you are failing to comply with registration and filing requirements.

If nexus is established in a taxing jurisdiction for which you are currently not in compliance, DMA will pursue voluntary disclosure agreements with the respective states on your behalf. We negotiate the most favorable settlement possible without compromising your identity. And, we quantify the tax liability and present those findings to the tax jurisdiction. We also provide you with detailed schedules and a report of our findings to substantiate the voluntary disclosure agreement. Additionally, as your partner, we work with you to establish procedures to prevent the need for prospective voluntary disclosure agreements.