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Unclaimed Property Insights

Five W’s of Unclaimed Property Record Retention

Anyone following the latest blogs and articles about unclaimed property (“UP”) cannot help but notice the doomsday tidings of more audits on the horizon. While this is nothing new, it has gained greater momentum given the COVID pandemic’s impact on State revenues. States need money, and they are looking to UP to fortify their revenue deficits. For example, New York is issuing a significant amount of invitations to participate in […]

October 29, 2020

TPC Tax Insights – A Podcast for the Tax Minded

We’re starting a podcast in order to share industry information and introduce smart, interesting, people whose voices we feel need to be heard. We hope to connect our employees, clients and other tax and accounting professionals who may feel isolated or “out of the loop” in this era of COVID19 and global work-from-home. Hosted by Kristin Mauer, a long time TPC team member based on the West Coast, each episode […]

October 28, 2020

Delaware SOS VDA Outreach Update

Earlier this year the Delaware Secretary of State’s (“SOS”) Office began sending letters to various companies identified as likely to be out of compliance with Delaware’s unclaimed property statutes.  These outreach letters stated that if a company declined to enter into the SOS’ Unclaimed Property Voluntary Disclosure Agreement Program (“SOS VDA Program”), the Delaware Department of Finance would issue an audit notice 60 days after the date the letter was […]

August 6, 2020