Valuation and consulting for financial reporting, federal, state and local tax, investment and risk management purposes.Valuation Advisory
Sonia Walwyn is a director in the Chicago office and part of the Tax Services practice with specific oversight and responsibility in the area of Unclaimed Property and Tax Risk Advisory, including Unclaimed Property Reporting, Unclaimed Property Compliance and Unclaimed Property Asset Recovery. Sonia assists clients, across all industry sectors, to attain, achieve and maintain effective compliance while effecting strategies that result in maximizing overall savings and efficiencies. Throughout her career, Sonia has utilized her extensive unclaimed property knowledge and experience of 30 years to assist clients in all areas of unclaimed property services. Specifically, Sonia provides audit support services and assists clients manage and defend against state-initiated audits; quantifies fair estimates and effectuate favorable settlements for clients through proactive voluntary reviews and quantification of liability.
Sonia also assists companies to develop and implement essential written policies and procedures to ensure not just timely but accurate compliance, and works with clients to implement effective planning strategies to legitimately minimize unclaimed property liability prospectively.
Sonia is a frequent speaker on abandoned and unclaimed property topics for various industry groups and educational summits sponsored by certified public accountant chapters including the American Institute of Public Accountants, Pennsylvania Institute of Certified Public Accountants, Tax Executive Institute and the Unclaimed Property Professional Organization (UPPO), where she currently serves as chairperson of the bylaws committee. Sonia has authored articles on unclaimed property for publication in industry journals such as the Journal of Accountancy and has conducted in-house and external audit training in the area of unclaimed property. Sonia has also qualified as an expert in abandoned and unclaimed property litigation.
Sonia served as sworn Deputy Treasurer/Deputy General Counsel to the Pennsylvania State Treasurer with responsibility for, among other things, audit and legal enforcement of Pennsylvania’s unclaimed property law, and successfully defended Pennsylvania's unclaimed property statute before the Pennsylvania Supreme and appellate courts. Sonia has also worked for two Big 4 accounting firms serving as National Director and regional practice leader respectively..
Sonia earned an LLM in taxation from Villanova School of Law in 2000, a J.D. from Dickinson School of Law in 1988 and holds a B.S. in accounting from Elizabethtown College in Pennsylvania. Sonia is a member in good standing of the Pennsylvania Bar and is a licensed CPA in Pennsylvania and Illinois.
Sonia regularly contributes content to Duff & Phelps' Unclaimed Property Reporting blog.
has merged with Patton Wings, an investment entity affiliated with
has been acquired by
with financing provided by