February 8, 2024
National Unclaimed Property (UP) Practice Leader Angela Gebert shares insights on UP regulations for Bloomberg Tax
Bloomberg Tax
By Angela Gebert, CPA, National Leader - Unclaimed Property
Excerpt:
Tax practitioners and corporations across the US face a pressing concern: a surge in state audit notices tied to unclaimed property, known as UP, with a particular emphasis on record retention. This issue has escalated to the forefront of corporate compliance as states intensify UP scrutiny, seeking to bolster their revenue in an era of tightening budgets.
