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Unclaimed Property Audit Fallacies and Myths the Tax Adviser  Form

Unclaimed Property Audit Fallacies and Myths the Tax Adviser Form

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[Music] hi I'm Jennifer Borden I'm an attorney with Wharton Consulting Group in Boston I think we need to continue to watch the rollout of roopa bills or bills that claim to be Rupa that don't actually contain all of the protections that we fought for we really need to be very observant of what's going on in audits as well and it's maybe not traditionally a legal issue for an audit but there are so many legal issues that come up during the exam I think we really need to be on the lookout for that when it comes to an audit and we are seeing so many of them today my personal belief is if you fail to plan you can plan to fail I like to know what I have in front of me at the outset I want to know any issues before the auditors do so basically anything the auditors are asking before they get the answers I want to make sure I know and my client knows what all of the actual statutes say what the regulations say what the state has done in practice before

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