Unclaimed Property

Unclaimed Property: Watching the Trends and Staying in Compliance

By Jim Sadik Trends, Challenges, and Opportunities People often ask me about the top trends I am seeing in unclaimed property in both accounts payable (AP) and accounts receivable (AR). In this… Read More

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Responsibility for unclaimed property

Q. I am wondering what is common best practice out there when it comes to which group owns the unclaimed property escheatment process. Currently, this responsibility lies within our General… Read More

State dormancy periods for escheatment

Q. California's dormancy period is three years; however, the funds we need to escheat belong to other states. My question is, when filing a holder report do we use the 3 years for CA or that… Read More

1099 and unclaimed property reporting from multiple branches of a parent company

Q. I have been thinking about the current way we issue 1099s/unclaimed property and wanted to ensure we were correct as we have recently acquired additional companies that handle processes… Read More

Order-to-Cash Solution Consultant Certificate Program (AOCSC) – Self-Study Online Course

Course Description

The Order-to-Cash Solution Consultant Certificate Program (AOCSC) trains vendors to speak the language of their clients in the order-to-cash space. The program covers all areas

Accounts Receivable Solution Consultant Certificate Program (ARSC) – Self-Study Online Course

Course Description

The course covers AR fundamentals, best practices and regulatory compliance, all of which are necessary to understand the business needs tof those who work in the accounts

Order-to-Cash Manager Certification (AOCM) – Self-Study Online Course

Course Description

Managing cross-functionally brings a unique set of leadership challenges. This course highlights best practices from organizations that have aligned O2C, sharing actionable

Order-to-Cash Specialist Certification (AOCS) – Self-Study Online Course

Course Description

While every organization has an O2C process (fulfillment of orders, assignment of credit lines, applying cash received and collecting invoices that are past due), most are

Update: Delaware Secretary of State’s Voluntary Disclosure Program

TruePartners Consulting, unclaimed property specialists, has advised that the Delaware Secretary of State’s office recently posted an online statement that new rounds of invitations will go out to… Read More

Five Steps to Avoid the Risk of Unclaimed Property Noncompliance

Revenue-strapped states remain on high alert when it comes to enforcing unclaimed property escheatment laws, and will likely experience aggressive audits to compensate for continuing revenue… Read More