Legislation pending in Washington State (S.B. 5988) would require companies to report unclaimed gift card balances to the Washington Department of Revenue as part of their unclaimed property reporting obligations.

Taxpayers who currently have a traditional IRA and who do not anticipate needing their IRA balance to fund retirement may want to consider moving their traditional IRA account balances to a Roth IRA.

An Employee Stock Ownership Plan (ESOP) is a tax-qualified defined contribution retirement plan for the benefit of employees.

John Griffin a Managing Director in the AIF practice at Andersen is a contributing author in a two-part series with The Venture Fund Blueprint.

Companies must issue Form 1099 to report certain payments made in the course of business to nonemployees.

Addition of Reibman professionals deepens bench of tax compliance and planning services for closely held businesses, ultra-high-net-worth individuals, and family offices

Andersen Global adds complementary tax and business advisory capabilities to its existing platform in Serbia with the addition of Andersen Savjetovanje d.o.o. (Andersen in Serbia).

Businesses incorporated in Delaware should be on the lookout for any notice regarding unclaimed property from the Delaware Department of Finance, Office of Unclaimed Property (OUP).

Andersen celebrates the promotion of 30 exceptional Managing Directors across 10 offices and multiple service lines nationwide. As of January 1, 2024, Andersen will boast more than 280 Managing Directors throughout the United States.