President & Founder
PEACC – Property Escheatment And Compliance Consulting
Oct 2002 – Present · 22 yrs 1 moOct 2002 to Present · 22 yrs 1 mo
Sykesville, MarylandSykesville, Maryland
Market and perform unclaimed property consulting services for corporations throughout the United States looking to get in compliance with all State unclaimed property reporting obligations. This includes Voluntary Disclosure Agreements (VDA’s), Audit Defense, Unclaimed Property Report Generation, Due Diligence, Policy & Procedures Development/Review, Property Recovery and Compliance Seminars & Trainings.
More than 40 educational sessions spanning four educational tracks (basic, intermediate, advanced, and special focus).
Social events/outings, meals and breaks designed to help attendees connect.
Opportunities to meet with presenters/exhibitors throughout the conference to learn about the services that can help your company’s unclaimed property program.
Industry-specific breakout sessions that feature updates about hot topics plus Q&A with the presenters and other attendees.
Register by Jan. 15, 2026, for the special, early-bird rate.
Questions? Contact UPPO.org at 763-253-4340 or visit uppo.uppo@org for further information.
2026 Annual UPPO Conference Highlights August 27th, 2025peaccadmin
Looking for Assistance in Developing & Maintaining Compliant Unclaimed Property Reporting Policies & Procedures?
PEACC has over 25 years experience in developing and implementing Unclaimed Property Policies & Procedures in all industries, all jurisdictions and for all property types.
PEACC has been developing and implementing unclaimed property compliance steps for each and every State, along with D.C., Guam, Puerto Rico and the Virgin Islands for over 25 years. Their clients have NEVER been found to be non-compliant or fined by any State.
If you’re short staffed, not staffed or questioning whether your unclaimed property Policies and procedures are compliant with all State rules & regulations, you can now reach out to PEACC to ensure your current and ongoing compliance.
Please reach out to PEACC any time to learn how we can offer you solutions along with a low cost solution to your unclaimed property reporting obligations. It can save you thousands or even millions of dollars in fines & penalties that will effect your bottom line while negating any possible national negative press!
Please contact PEACC’s Compliance Group at 410.303.5510 or email info@peacc.com for assistance on your reporting efforts to gain and keep your organization in compliance. With all the States constantly updating & increasing their compliance enforcement efforts, there is no better time than now to upgrade to PEACC Unclaimed Property Compliance. You’ll be surprised at the low costs and how much money you will save your company in the long run! PEACC.com – The National Leader in Unclaimed Property Compliance.
Call PEACC for Compliance 410.303.5510
Looking to Have Your Unclaimed Property Policies and Procedures Developed or Reviewed? August 18th, 2025peaccadmin
It has come to PEACC’s attention that another round of Delaware (“DE”) Unclaimed Property Voluntary Disclosure Agreement (“VDA”) Invitation letters have been mailed out by Secretary of State Office to various Holders throughout the Country incorporated in DE, in most cases.
The scheduled mailing date of these invitaion letters is mid-August. If your company happens to receive one of these letters from Delaware, it is in the Holder’s best interest to respond to the State within 90 days of the letter date. If the Holder does not respond within the 90 days the letter recipient will be selected for an Unclaimed property audit be the Delaware Department of Finance. Therefore, PEACC advises all Holders who receive the VDA Invitation letter to come forward, voluntarily and participate in the Delaware VDA. Participants in the DE VDA are provided numerous benefits from the State that outweigh going through an unclaimed property audit and may save the Holder money.
To hear more about the Pro’s and Con’s of participating in a State VDA or fir help in navigating the process, whether formal or not, please reach out to a professional at PEACC.com by calling 410.303.5510 or email us at info@peacc.com
Call PEACC for Compliance 410.303.5510
Another Round of Delaware Invitation Letters Go Out August 18th, 2025peaccadmin
Holders/companies need to identify and track their unclaimed property with appropriate dormancy period. Then resolve liability with the property Owner or report the property to the appropriate State jurisdiction before the end of the dormancy period, normally 3 or 5 years.
Key reporting questions to consider:
– Does the State require reports to be in the NAUPA standard format or something unique to that State? – Are there any Due Diligence/Search Letter requirements? – Is there a “Negative Report” requirement? – Will the Unclaimed Property Report need to be Notarized or signed by a Company Official? – Do State reports need to be uploaded via the State reporting website or mailed in on CD or a paper report?
– Remittance/Payment Instructions • Cash Property – Submit a check or payment through ACH/Online Payment. • Securities – Does the State require advanced notice/payable to instructions? • Tangible/Safe Deposit Box property. Does the State require a special reporting form/instructions for Safe Deposit Box contents?
For questions about “How to report to each State along with special instructions”, please reach out to PEACC.com to ensure you are in compliance with all the State report requirements. Call us at 410.303.5510 or email at info@peacc.com
Call PEACC for Compliance 410.303.5510
State Unclaimed Property Report Reminders August 1st, 2025peaccadmin
– Through State or State sponsored Compliance Reviews – Through formal State audit notices. – Self-Audit notices, including those conducted/sponsored by third party firms. – State reminder letters regarding Compliance with reporting obligations. – State VDA (“Voluntary Disclosure Agreement”) Invitations. – Automatic penalty & interest assessment for non-compliance. – If you are contacted by a State regarding your compliance efforts, it is best to respond right away!
To discuss these State enforcement steps or any other issues relating to unclaimed property reporting compliance, please reach out to a professional at PEACC by calling 410.303.5510, or email us at info@peacc.com
Call PEACC for Compliance 410.303.5510
How Are States Enforcing Their Unclaimed Property Compliance? July 7th, 2025peaccadmin
Depending on the State, unclaimed property reports are due throughout the year, Spring, Summer, and Fall.
For States with a Fall Reporting due date, the date can be October 31 or November 1 each year. The cut off date will be June 30th of each year.
Depending on the Holder type, unclaimed property reports may be due to a State in the Spring, March 1 through May 1 every year, with a cut off date of December 31, the previous year.
Finally, depending on the Holder type and State, the unclaimed property report may be due over the Summer months such as, July 1st every year, with a cutoff date of March 1st or March 31st.
As you can see, there are numerous Reporting due dates throughout the year depending on the State, Holder type and property type being reported.
Please note, individual unclaimed property reports are due once a year, with the exception of California where they are due twice. The preliminary report is due November 1st and the final/remittance report is due the following June, between June 1st and June 15th.
For all other States, the remittance report is due at the same time the initial report is due each year.
For further clarification and compliance information regarding State unclaimed property reporting, please reach out to the professionals at PEACC.com at 410.303.5510 or email us at info@peacc.com
Call PEACC for Compliance 410.303.5510
Annual Unclaimed Property Reporting – Date Specifics June 3rd, 2025peaccadmin
Companies/Holders need to track all their unclaimed property, on average for either a dormancy period of 3, 5 or 7 years & resolve this unclaimed property with the Owner.
If it can’t be resolved with the Owner, it must be reported and remitted to the State of the property Owner’s last know address, based on what the outstanding item Owner’s last known address is.
However, if there is no last know address, or the item has a foreign address, it must be reported & remitted to the Holder’s State of Incorporation.
Sourcing rules for establishing where unclaimed property is to be reported:
Priority Rule #1 – Unclaimed property should be reported & remitted to the property Owner’s State of last known address.
Property Rule #2 – If the last known address is unknown or foreign, property should be reported & remitted to the Holder’s State of Incorporation or State of Principle Business.
For further information regarding where to report & remit unclaimed property please reach out to a professional at PEACC to help resolve your unclaimed property compliance issues at 410.303.5510 or email us at info@peacc.com before a State tracks you down!
Call PEACC for Compliance 410.303.5510
The ABC’s of State Unclaimed Property Reporting April 29th, 2025peaccadmin
In order to get in and remain compliant with the State reporting requirements Holders must:
– Identify all unclaimed property on an annual basis – Calculate dormancy periods based on the State property is due to; and depending on type of property and whether it would be reportable in 1,3, 5, 7 or 15 years – Determine if any property may be exempt from State reporting – Send State required Due Diligence/Search Letters out approximately 60 to 90 days prior to the State report due date – Prepare and generate State reports in the required State format – Update Holder records as to whether dormant property was reported/remitted to the State, paid to Owner or was an error in records
For additional information on how to track & comply with your State unclaimed property reporting obligations please contact PEACC at 410.303.5510 or email at info@peacc.com
Call PEACC for Compliance 410.303.5510
Unclaimed Property Reporting Steps April 21st, 2025peaccadmin
Your Total Source for Unclaimed Property Compliance
