1:00PM - 2:30PM ET
The COVID-19 pandemic is affecting businesses in many different ways: furloughs and job losses, variant priorities, and virtual working environments. These disruptions can make monitoring policies and accounting practices more difficult, making the maintenance of proper escheat reporting and records of utmost importance. As states move to close budget gaps due to lost tax dollars and extended financial programs to help businesses, an increase in unclaimed property audits is expected. Notwithstanding, holders can manage risk and obtain refunds during and after the pandemic. Join David Hughes, with BDO and COST, in an unclaimed property update focusing on compliance pitfalls, the COVID-19 impact, process efficiencies, cash savings opportunities, best practices, and legislative updates.
Attendees are eligible for 1.5 hours of CPE in Tax.
HMB Legal Counsel will continue to provide updates as the situation evolves. The ongoing issues related to the spread of the Coronavirus (COVID-19) have had and will continue to have a significant impact on individuals, families, businesses and markets. Visit our collection of resources providing guidance during these fast-changing circumstances. Please reach out to your lead team member to answer specific questions.