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Annual Compliance Insights

Bloomberg Law: Managing Unclaimed Property Risks in Bankruptcy

This article was originally published in Bloomberg Law (password required) Authors: Donna Culver, Morris, Nichols, Arsht & Tunnell, and Matthew Chenowth and Jim Weigand, True Partners Consulting The extended shuttering of business operations due to the Covid-19 pandemic is expected to contribute to a sharp increase in corporate bankruptcy cases in 2021. As beleaguered companies seek to reorganize or sell themselves through the Chapter 11 bankruptcy process, prospective acquirers of […]

January 4, 2021

Thomas Ross of TPC A Chat with Thomas Ross – Statistical Analysis in Unclaimed Property Audits

This article originally appeared in the Winter 2020 issue of the Journal of State Taxation. By Matthew B. Chenowth and Thomas Ross Matthew B. Chenowth and Thomas Ross discuss the changes in unclaimed property audit, including an increase in the use of estimations to calculate liabilities for companies. As a result of the COVID-19 pandemic and the resulting economic downturn, states are looking for ways to increase sources of revenue, […]

December 4, 2020

Webinar: Where Do We Go From Here? Lessons from a Strange 2020 Tax and UP Compliance Season

Download the slides from our recent compliance-themed webinar. Occurred: December 10, 2020 10:30am – 12:30pm CST TPC’s federal tax, state tax and unclaimed property experts shared lessons learned from a strange 2020 compliance year. We explored how the CARES Act impacted income tax compliance, reviewed potential tax legislation and tax relief, and outlined best practices of a working-from-home tax team. The UP compliance team discussed the top 10 best practices […]

December 2, 2020