Tax & Accounting Blog

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Thomson Reuters ONESOURCE named Americas Tax Innovator of the Year

Last week, International Tax Review recognized Thomson Reuters ONESOURCE platform as Americas Tax Innovator of the Year at its seventh annual Americas Awards ceremony in New York. When asked why Thomson Reuters ONESOURCE was singled out for the award, Ralph Cunningham, managing editor of International Tax Review, said: “It is down to the impact … Read More

Delaware Proposes Regulation for Certain Securities and Related Property

Delaware Proposes Regulation for Certain Securities and Related Property

The securities proposed regulation defines “Securities and Related Property” as property that consists of: Intangible ownership interests in corporations, whether or not represented by a stock certificate, bonds, and other securities; Dividends, cash, stock and other distributions made (or attempted to be made) by issuers of securities in respect of … Read More

Third Circuit Provides Guidance on New Jersey Gift Card and Travelers Checks Unclaimed Property Revisions

Third Circuit Provides Guidance on New Jersey Gift Card and Travelers Checks Unclaimed Property Revisions

Litigation was brought against New Jersey to challenge various aspects of the New Jersey legislation – 2010 N.J. Laws, Chapter 25 – that attempts to retroactively require reporting of gift cards/stored value cards (“SVCs”) to impose a “place of purchase presumption” for reporting of SVCs, and to significantly reduce the dormancy period for escheatment of … Read More

Thomson Reuters Poll: 50% Tax Professionals Have Staffing Worries

Thomson Reuters Poll: 50% Tax Professionals Have Staffing Worries

During his interactive opening session at this year’s ONESOURCE User Conference, Joe Harpaz, senior vice president and general manager of Corporate Income Tax, incorporated real time vote-by-text polling that revealed that from the 1500 tax and accounting professionals in attendance, half felt limited staffing was their biggest challenge. “When budgets and personnel are hard to come by, turning to … Read More

States Heighten Investigation of Unclaimed Property

States Heighten Investigation of Unclaimed Property

According to an article in LifeHealthPro, in June 2011, California found insurance companies using the death master file only to terminate annuity policies with living benefits features, and not in finding beneficiaries of holders of life insurance policies that had died. A few weeks later, New York began investigating these policies too. Since then, Eric … Read More

Marilyn Jentzen Receives Award During Georgia Leadership Conference

Marilyn Jentzen Receives Award During Georgia Leadership Conference

Marilyn Jentzen, Vice President, Sales and Marketing for ONESOURCE Property Tax was named as one of the Most Powerful and Influential Women of Georgia by the National Diversity Council during the Georgia Leadership Conference, which was sponsored by Thomson Reuters in honor of Diversity month.  Donna Brazile, noted political commentator, interim Chair of the Democratic … Read More