Expert Discusses Unclaimed Property and the Reporting of Unclaimed Wages

ARLINGTON, Va., Sept. 16, 2011 /PRNewswire-USNewswire/ -- One of the most important yet unappreciated jobs in a company falls to the individual who is responsible for filing the annual unclaimed property reports. As state deficits rise and many budgets are in the red, state Treasurers and Unclaimed Property Administrators increase enforcement to ensure continual influx of money into the state coffers. Unclaimed wages is one of the foundations of unclaimed property reporting. Although it is one of the most reported and most "obvious" property types, the legislation and other requirements surrounding unclaimed wages makes it perhaps one of the most fascinating and frustrating unclaimed property types. A new webinar from BNA on September 29, 2011, Unclaimed Property and the Reporting of Unclaimed Wages (http://www.bna.com/unclaimed-wages-16024/), offered by a leading  expert on unclaimed property compliance, will explore the current landscape in unclaimed property reporting and enforcement.

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In 90 minutes, Marlys A. Bergstrom, Attorney, Sutherland Asbill & Brennan LLP with 15 years of unclaimed property experience will discuss the following:

• What's UP in Unclaimed Property
• What are and are not uncashed wage checks for purposes of unclaimed property reporting?  Looking at the data before reporting the data.
• The "Triple D"  (the Dreaded Due Diligence Letter)
• Completing the Form and Remitting the $$$$
• State Potpourri

Attendees to this webinar will also receive 1.0 CPE or 1.5 APA RCH credits.

About the Speaker:
Marlys Bergstrom is a member of Sutherland's Tax Practice Group, focusing her practice on unclaimed property compliance, planning and related restructuring, and audit defense. Marlys has more than 14 years public accounting and state auditing experience, including complex unclaimed property consulting projects for multinational clients in the high tech, oil and gas, wholesale distribution, manufacturing, retail, pharmaceutical, travel, healthcare and insurance sectors. Prior to joining Sutherland, Marlys was the West Region Leader and Director of the National Unclaimed Property Compliance Practice at PricewaterhouseCoopers and, more recently, Audit Director for Verus Financial in Atlanta and New York. She has a thorough understanding of unclaimed property laws and statutes, and audit defense strategies, and she is proficient in statistical sampling methodologies. She is a frequent author and speaker on unclaimed property issues. Marlys is admitted to the State Bar of California. Her work is supervised by State Bar of Georgia members. 

Unclaimed Property and the Reporting of Unclaimed Wages will take place September 29, 2011, from 2:00 p.m. – 3:30 p.m., ET. To register for this webinar and obtain further information about CPE or APA RCH credits, go to http://www.bna.com/unclaimed-wages-16024/, or call 1.800.372.1033, Option 6, then Option 1.

To receive automatic email notification of upcoming BNA webinars, go to: http://www.bna.com/emailsignup.htm

About BNA HR and Payroll Webinars
BNA's HR & Payroll webinars are designed especially for today's busy professional. In just 90 minutes, you have access to in-depth coverage of an ever-changing array of current topics including breaking news, new and revised regulations, and the latest trends and developments in human resources, payroll, and international HR. Presented by top speakers, you'll learn more about how to handle the newest challenges for your organization. Our renowned webinar series provides you with a cost-effective and convenient way to bring learning, training, and professional development to every member of your department. HRCI and APA RCH Credits available! 

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Matthew Sottong
http://www.profnetconnect.com/matthew_sottong  

SOURCE BNA

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