VA Tax - Gov. McDonnell Signs Bill Advancing Date of Income Tax Conformity to Jan 2, 2013

22 Feb 2013 11:25 AM | Anonymous

Conformity to the Internal Revenue Code for Taxable Year 2012  

Effective for taxable years beginning on and after January 1, 2012, Virginia's fixed-date of conformity to the terms of the IRC will advance from December 31, 2011, to January 2, 2013, with limited exceptions.  Tax Bulletin 13-3 provides taxpayers with directions on how to reconcile this legislation with their 2012 Virginia income tax returns.

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