David A. Hughes will present "Unclaimed Property Enforcement in Illinois and Multistate Audits" with BDO.
Two reporting cycles have passed since Illinois adopted its unclaimed property law changes, including elimination of the Illinois business-to-business exemption for vendor payments and customer credits. This webinar will focus on Illinois efforts to enforce its new unclaimed property regime, including a discussion of how Illinois law changes are impacting multistate audits.
By the end of this course, webinar attendees will be able to:
- Discuss the impact Illinois law changes are having on multistate unclaimed property audits
- Identify risk mitigation strategies to address unclaimed property risk related to the Illinois law changes
- Define Illinois law changes and their typical impact on holders that previously relied on the Illinois business-to-business provisions that have been retroactively revoked
1.5 CPE is available for this session in the Taxes category.
Delivery: This webinar will be delivered via the BDO Online CPE Network
Advanced Prep: None
Program Level: Basic