Unclaimed Property
Industry Spotlight: Financial Institutions
The last time I wrote to you about recent trends with unclaimed property and financial institutions, I talked about the increased audit activities and unique
Category: UP Industry Experts
Unclaimed Property
Unclaimed Property Audit Support Results
So, who wants to read another article about unclaimed property audits and how burdensome they are? I mean sure, most of you have either heard,
Unclaimed Property
Reciprocity in Unclaimed Property
Reciprocity in unclaimed property: why refrain from the practice of reciprocity when it seems so simple? Reciprocity or reciprocal filing came about in 1954 to
Unclaimed Property
Securities Unclaimed Property
The securities industry continues to be an area of focus from an unclaimed property standpoint. Individual issuers and transfer agents are being targeted for audits.
Unclaimed Property
General Ledger Unclaimed Property
General ledger is an area all companies, regardless of industry, should monitor for unclaimed property compliance. In this section, general ledger refers to unclaimed property
Unclaimed Property
New York Unclaimed Property Self-Directed Compliance Program
Continuing the trend in 2021, New York unclaimed property recently introduced the NY Self-Directed Compliance Program geared towards identifying both non-reporters and companies that reported
Unclaimed Property
Healthcare Industry Insights into Unclaimed Property
Historically, the healthcare industry has experienced challenges in identifying and reporting unclaimed property. This is due to several reasons including a lack of clear statutory
Unclaimed Property
Unclaimed Property Landscape for the Life Insurance Industry
Most unclaimed property professionals are familiar with the story of Verus Analytics, LLC’s (“Verus”)[1] appearance on the contract audit “field of play” some ten years
Unclaimed Property
The Top 5 Ways to Stay Ahead of Unclaimed Property
Unclaimed property compliance is a year-round job. Preparations must be made monthly in order to stay compliant. Below are the top 5 ways you can
Tax Compliance
The Danger of Unclaimed Property for Healthcare Providers
Healthcare providers build up patient credit balances from collecting more coinsurance, copays, and deductibles than they earn. Unfortunately, because the fees are unearned, the healthcare
Tax Compliance
How to Prevent a Delaware Unclaimed Property Audit
Did your business receive a letter from the Delaware Secretary of State (SOS) Office? On February 20th, the Delaware SOS office sent “over 100 letters