Businesses Have Legal Obligations to Identify, Report Unclaimed Property by Karen A. Lake, CPA
Posted on May 12, 2022 by Karen Lake
All 50 states and the District of Columbia have laws regulating the disposition of unclaimed property, whose title must transfer to the state after a set period through the legal process of escheatment. Over the past year, however, several states have changed their laws, stepped-up enforcement efforts and initiated litigation to help ensure businesses and […]