Vanessa S. Torres
Subscribe to Vanessa S. Torres's PostsVanessa S. Torres focuses her practice on tax matters. Read Vanessa Torres's full bio.
Incoming from Delaware: Unclaimed Property VDA Program invitation notices have been sent out
By Stephen P. Kranz, Eric D. Carstens and Vanessa S. Torres on Apr 13, 2026
Posted In Audits, Delaware, Interest and Penalties, Unclaimed Property
The Delaware Office of the Secretary of State (SOS) confirmed that on April 10, 2026, invitation notices were sent to businesses (holders) identified as potentially out of compliance with Delaware’s unclaimed property law. The notices encourage holders to enroll in the SOS Unclaimed Property Voluntary Disclosure Agreement (VDA) Program within 90 days of receipt of...
Continue Reading
Unclaimed Property Laws and the Health Industry: Square Peg, Round Hole
By Stephen P. Kranz, Eric D. Carstens and Vanessa S. Torres on Mar 18, 2025
Posted In Audits, False Claims Act, Unclaimed Property
The healthcare industry has recently become the target of increased scrutiny from multistate unclaimed property audits, likely due to the high volume of mergers, acquisitions, and private equity deals. These audits have shed light on the many complexities and challenges within the sector. Healthcare industry holders are often pressured by state auditors and administrators to...
Continue Reading
