How many years will the Department of Revenue go back if the taxpayer has not filed the required tax returns?
The Department of Revenue can go back as many years as the taxpayer had taxable business transactions or income. A number of factors are used to determine how many years to include in the Voluntary Disclosure. Such as what type of tax it is, has the taxpayer been collecting and not remitting, how long has the taxpayer been in MS, what type of activity has the taxpayer had in MS, etc. In the case of collecting and not remitting Sales Tax or Withholding Tax (Trust Fund taxes), the Department of Revenue will go back as far as when the taxpayer began collecting the tax.
Related Questions
- How will refunds and amended returns be handled once the Department of Revenue takes over the administration of the tax returns?
- If a taxpayer is going out of business or ceasing to exist, must it file a final return with the Department of Revenue?
- How many years will the department go back if the taxpayer has not filed the required Wisconsin tax returns?
