If your client's accountings are due 90 days following the end of the semiannual period ended December 31, 2024, in most cases, your client will need to issue notices of both audit and objection prior to March 31, 2025 in order to reserve your client's right to audit his/her/its 2021 H2 statement. Confusing? Yes, it is very confusing!
Likewise, notices specific objections to statements issued for the period ended June 30, 2022 must be issued by September 28, 2025.
Call my firm Boschan Corp. for help at (424) 248-8866 or learn more about our royalty audits by clicking here. Please do not wait until March, not least because your client's rights could expire sooner, depending on the relevant contractual language and statutes.
