Keane's Unclaimed Property Blog

Washington Sending Report Reminder Letters

Washington Sending Report Reminder Letters

Compliance

The State of Washington Department of Revenue is sending out letters to companies stating that they have not received the required 2019 Unclaimed Property Report. It appears that these letters are targeted to holders that previously reported unclaimed property to the State of Washington but may have discontinued reporting to the State or changed their […]

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Filing Unclaimed Property Reporting Extensions

Filing Unclaimed Property Reporting Extensions

Compliance, Escheatment, State Escheatment, Unclaimed Property, Unclaimed Property Reporting

As many companies were, and continue to be, impacted by COVID-19 an increased need for unclaimed property reporting extensions has occurred. We believe this increase occurred due to physical office closures and competing priorities as business continuity and employee safety became more important. Keane has been filing for extensions as needed for clients whom we […]

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RUUPA Round Up

RUUPA Round Up

Compliance, Legislative Alerts, Legislative Updates

The introduction of the 2016 Revised Uniform Unclaimed Property Act (RUUPA) by the Uniform Law Commission has prompted state legislatures to review their often antiquated unclaimed property laws, and in many cases introduce legislation to amend or wholly revise these laws. In addition to RUUPA, state legislators may now also refer to the American Bar […]

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