State Web site locates unclaimed propertyEvangeline Mitchell
The year 2024 has seen a number of legislative developments impacting state gift card compliance issues, including in the unclaimed property and consumer spaces. In particular, states have been actively adopting and changing rules around the escheatment of unused gift card balances, as well as requ...
MS State Treasury celebrating National Unclaimed Property Day; new goals set to return money to Mississippians Updated: Feb. 1, 2025 at 3:24 AM GMT+8| By Abigail Troth State Treasurer David McRae is celebrating National Unclaimed Property Day and has goals to return money to residents. State...
- Kansas State Treasurer, Steven Johnson WELCOME! About Our Office Check out our financial programs and services that help Kansans save for school, find unclaimed property, plan for the future, and more! Search Unclaimed Property Savings Programs ...
Quite simply, ignoring unclaimed property compliance is no longer an option. The states are casting a wider net in their search for more funds, so you should be prepared for more and more states moving to a three-year dormancy period and more aggressive pursuit of unclaimed funds. Learn more...
Complicating matters even further, each state’s own unclaimed property rules and regulations are updated frequently. We’ve gathered state-specific information on unclaimed property due dates to help you stay on top of this changing information. The Sovos regulatory analysis team will update this ...
of state unclaimed property IRA provisions reference the RMD date as provided in federal laws, notably, states that have adopted the 2016 Revised Uniform Unclaimed Property Act (RUUPA) expressly reference the date the owner turns age 70½. Because this date will no longer be relevant for tax...
Step 1 Identify Unclaimed Property Businesses need to review their books and records annually to determine if they hold any property, whether tangible or intangible, that has remained unclaimed or in inactive accounts for the required dormancy period. For examples of unclaimed property, please refer ...
Tax practice during the last four years. These external alerts highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summary of specific multistate developments relevant to taxpayers, tax professionals, and other interested persons...