Unclaimed Property

By Jim Sadik Trends, Challenges, and Opportunities People often ask me about the top trends I am seeing in unclaimed property in both accounts payable (AP) and accounts receivable (AR). In this… Read More

Q.  I am wondering what is common best practice out there when it comes to which group owns the unclaimed property escheatment process. Currently, this responsibility lies within our General… Read More

Q. California's dormancy period is three years; however, the funds we need to escheat belong to other states. My question is, when filing a holder report do we use the 3 years for CA or that… Read More

Q. I have been thinking about the current way we issue 1099s/unclaimed property and wanted to ensure we were correct as we have recently acquired additional companies that handle processes… Read More

TruePartners Consulting, unclaimed property specialists, has advised that the Delaware Secretary of State’s office recently posted an online statement that new rounds of invitations will go out to… Read More

Revenue-strapped states remain on high alert when it comes to enforcing unclaimed property escheatment laws, and will likely experience aggressive audits to compensate for continuing revenue… Read More