In the world of unclaimed property reporting compliance, receiving a notice that the company will be subject to an audit is not only stressful but
With the legalization of online gaming and sports betting across the country, a whole new type of unclaimed property has been generated that companies need
In the present day, virtual currencies are becoming increasingly popular with cryptocurrencies, such as Bitcoin or Ethereum, being the most prominent examples. Virtual currency, also
Companies that have chosen not to report their unclaimed property in the past often find themselves in a tricky situation when they choose to do
Reporting unclaimed property is an extremely intricate and oftentimes confusing process. This is especially true for holders of unclaimed property who do not specialize in
The fall 2023 unclaimed property reporting cycle has arrived. That means it is time for businesses to ensure they have all their ducks in a
Nevada was set to roll out significant changes to its unclaimed property law to affect how all unclaimed property was reported in 2023. However, as
“Due diligence” is a phrase commonly heard in work environments today. However, it is so often said that few people take the time to truly think about what it means to practice due diligence when performing their jobs.
Many companies today rely on third-party services to help them efficiently and effectively accomplish all the tasks they need to keep their businesses running smoothly.
For financial institutions, capturing customer-generated activity is the key to preserving customer accounts and reducing their unclaimed property liability, but sometimes this is easier said than done.
Are you a new business trying to wrap your head around your obligations regarding Unclaimed Property? You may be an established business that has struggled
Unclaimed property is often an involved, complex arena, and developing guidelines to ensure compliance is vital to identifying manageable challenges before they snowball into more
Constantly changing requirements and increasing volumes of audits require firms to regularly evaluate and evolve their unclaimed property management processes
