On Demand Webinar: Navigating Unclaimed Property Compliance: A Joint Webinar with the State of Delaware

Sovos On Demand Webinar

DATE HOSTED: 11/17/2020
DURATION: 60 Minutes


Unclaimed property results from the everyday functions of a company’s operations. As state budget deficits continue to grow, companies should expect unclaimed property compliance and related audits to continue to increase.

Auditors tell us that 80% of all businesses are out of compliance with their unclaimed property obligations. This can lead to fines and other financial burdens on your business.

Take a look at this educational webinar where Sovos unclaimed property expert, Danielle Herring, shared guidance on what to do now that fall reporting is over to ensure your organization remains in compliance.

We were also excited to have Kim Micha from the state of Delaware joining us. Kim spoke about unclaimed property compliance from Delaware's perspective and provided information on the Delaware SOS VDA (Voluntary Disclosure Agreement) program.

Other topics that were covered include:

  • Record Retention - What documentation does your organization need to retain and for how long?
  • Report Correction - How to interpret the reason a state has rejected your report and make the proper corrections.
  • Due Diligence - We will provide the latest due diligence information and guidance for successful owner outreach.

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