Unclaimed Property – The “Dirty Dozen”
Ask yourself the following twelve questions to determine if your company is a candidate for the dreaded “Unclaimed Property Audit” by either a state or state sponsored (third-party) unclaimed property auditor
What Are the Holder/Companies Beliefs When it Comes to Unclaimed Property Reporting?
Whenever you inquire about Holder and their unclaimed property reporting, their responses are normally:- We don't have any unclaimed property to report or remit.- We already file our unclaimed property reports, but they are normally negative/zero reports (reports showing nothing to report).- Our outstanding checks list have been reviewed
Delaware Voluntary Disclosure Agreement
Delaware Voluntary Disclosure Agreement (VDA) Process: A Step-by-Step Guide The Delaware Voluntary Disclosure Agreement program offers businesses a smoother path to compliance with unclaimed property laws. This blog outlines the key steps involved: I. Enrollment Sign and submit Form VDA-1: This initiates the program and signifies your intent to comply.