I am very pleased to announce that, with the addition of Wisconsin, we now have 38 states participating in online filing through either UPExchange or UPExpress. For those who don’t know, UPExchange is our full unclaimed property tracking and reporting system. Users of UPExchange can file directly to the states through our system. This means […]
The 2014 report for Tennessee is due by May 1, 2015. Tennessee just updated their reporting guide and introduced some changes. The biggest change is they have adopted the NAUPA Standard Relationship Codes. This is a list of relationship codes that was recently approved by NAUPA and many states are now adopting their use. My favorite thing […]
Missouri House Bill 1075 introduced some changes to unclaimed property filing for the state. The change that has the biggest impact is that payroll checks, property type MS01, are now reportable after 3 years of dormancy. This was reduced from a 5 year dormancy period. This change is effective January 1, 2015. What is the […]
It's been several years since California changed their reporting process, yet many holders are still confused. I'd like to help clear things up. Most states have one filing due date each year, where you send a list of lost owners and payment for the amount you are reporting. California has a cycle that includes 2 […]
The following are commonly made mistakes by companies of all sizes, both public and private, across all industries in the handling of unclaimed property. With the frequency and broad scope of unclaimed property audits at an all-time high, it's more important than ever for companies to ensure that they are avoiding these common pitfalls. Unclaimed […]
