Annual Unclaimed Property & Escheat Reporting
If you’ve been charged with the responsibility of escheat reporting, you know the process is anything but simple. With 55 domestic reporting jurisdictions – and little uniformity from one to the next – it can be a daunting task for companies to handle their unclaimed property reporting processes in-house. For example, some jurisdictions require reports in the fall – others want them in the spring. Dormancy periods vary by property type and which jurisdiction you’re reporting to. Furthermore, unclaimed property laws are constantly changing. Keane’s escheat reporting service is a cost-effective means of ensuring compliance and reporting unclaimed property accurately year after year.
Many organizations realize the tremendous value in outsourcing their annual unclaimed property and escheat reporting work to Keane – and yours can too. Our team of highly qualified specialists will help you successfully navigate the path to compliance with each jurisdiction to which you must submit a report. Unclaimed property can be complex. With Keane, reporting doesn’t have to be.
Need Assistance Reporting Unclaimed Property? Contact Us for Help.
Keane’s escheat services specialists will manage the reporting process to all applicable jurisdictions. Our escheat compliance solutions will enable your organization to conduct compliant and accurate required mailings and file reports on time, every time. You will receive a customized timeline for each reporting cycle and a dedicated coordinator to manage the process.
Backed by our team of experienced consultants – attorneys and certified public accountants with decades of experience on both sides of state audits – we will work to identify any allowable abandoned property exemptions to reduce your liability and enhance cost savings. At the conclusion of the process, our specialists prepare a filing position which contains a detailed report outlining current and future escheat reporting obligations – including any amounts that are past due – and a suggested strategy for addressing future compliance.
By partnering with Keane for annual unclaimed property reporting and escheatment services your organization will be more empowered to address unclaimed property regulations more efficiently and effectively.
- Ensure your annual unclaimed property reports are filed accurately, avoiding costly audits.
- Tap into the people, processes, and technology we have assembled to manage annual escheat compliance reporting – including issuance of checks to states and property owners
- Receive an accurate data analysis to ensure you do not over-report your obligations
- Leverage our system of quality controls
- Free your internal resources for other activities that are more strategic to your business.
Need assistance filing escheatment reports? Call 800-848-8896 and speak with an Unclaimed Property expert. You can also email us at Questions@KeaneUP.com
