Voluntary Disclosure Program Includes Income, Corporate, and Sales Taxes

(Long Island, N.Y.) Senator Kenneth P. LaValle would like all taxpayers to be aware of a state tax forgiveness program that allows for payment of back taxes without the risk of penalties or criminal charges. The Voluntary Disclosure and Compliance (VDC) Program encourages people who meet the eligibility criteria to come forward voluntarily and pay what they owe.

The VDC program was enacted as part of the 2008-09 New York State budget.  The program covers all taxes administered by the New York State Department of Taxation and Finance including income, corporate, and sales taxes.  Any taxpayer who meets the eligibility criteria can participate, even if non-payment was the result of fraudulent or criminal activity.

Taxpayers may apply for the VDC program online through the New York State Department of Taxation and Finance. There is no paper application at this   time.   To  learn  more  about  the  program  visit http://www.tax.state.ny.us/e-services/vold/program_info.htm.

“The VDC amnesty program offers an opportunity for those who owe back-taxes to come clean and save a substantial amount of money,” said Senator LaValle.  “I would encourage those who feel they are eligible for this program to enter into an agreement with the State Taxation and Finance Department and pay their past due obligations.”