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Sponsor content from sovos |
Hello Voornaam, Unclaimed property management can fall under a variety of responsibilities but typically resides within the accounting or financial reporting departments. Every company generates potential unclaimed property through regular business functions, such as payroll. Over 80% of companies are considered non-compliant with unclaimed property laws and regulations. With the number of audits increasing, it’s imperative that a company’s accounting department ensures unclaimed property reporting and remittance is in full compliance. This eBook covers what you need to know about unclaimed property:
- What is unclaimed property?
- How to start your unclaimed property process
- Due diligence and mailing requirements
- Unclaimed property audit triggers
- Common unclaimed property mistakes
- Unclaimed property solutions
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