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Audit Defense Insights

Practical and Tactical Strategies to Minimize Your Unclaimed Property Exposure

Robert Tucci and I recently exhibited at the 2021 IOFM APP2P Spring Conference & Expo in Lake Buena Vista, FL at Disney’s Coronado Springs Resort.  APP2P connects accounts payable executives, leadership members and their teams, to focus on issues impacting their departments including A/P disbursements, procurement, payment automation, fraud, sales & use tax, and unclaimed property related audit, risk and compliance issues. True Partners was excited to connect with many accounts payable professionals […]

September 10, 2021

Preparing for the upcoming Unclaimed Property Fall 2021 Compliance Season

Summer is winding down (sad!) and now is the time to prepare for Fall unclaimed property (UP) compliance.  Whether you have just taken on unclaimed property compliance or have been doing it for years, here are five things to keep in mind when getting ready the Fall 2021 unclaimed property compliance season: Due Diligence. If you haven’t done so yet, the window of time to send your statutorily required due […]

August 27, 2021

Florida Most Recent State to Contract with Law Firm to Oversee Unclaimed Property Self Examination Program

Florida has given final approval for the law firm Faegre Drinker Biddle & Reath LLP (“Faegre Drinker”) to begin enrolling companies into the Florida Contractor-Assisted Self Examination (“CASE”) program.  Missouri and North Dakota have similar agreements with Faegre Biddle to assist companies in the self-review process for unclaimed property, and the firm also has an agreement to assist with Delaware’s Secretary of State Voluntary Disclosure Agreement (“DE VDA”) program.  (A copy […]

August 19, 2021