Unclaimed Property
Manage risk, enhance filing confidence.
Unclaimed property compliance is more than just paperwork—it can get complicated fast, with up to 56 annual reports to file depending on where you do business. Erroneous reporting or underreporting can cause problems when companies are selected for audit by the states. Deloitte can help you stay on top of it and avoid surprises.
Simplify Unclaimed Property compliance and reduce risk
Unclaimed property includes uncashed and voided disbursement checks, rejected payroll direct deposits, aged customer deposits and credit balances, and lost shareholder property. In addition, there are industry-specific property types such as gift cards, bank and investment accounts, royalty payments, and rebates. With every state setting its own rules—and those rules often changing—keeping up can be a challenge.
Deloitte’s Unclaimed Property Practice helps you simplify and strengthen compliance so you can avoid surprises and stay focused on business as usual. Our team supports you with:
- Diagnostic analyses and risk assessments
- Voluntary Disclosure Agreements (VDAs)
- Audit defense and controversy support
- Policy and procedure development and process improvements
- Compliance outsourcing and co-sourcing options
- M&A diligence for unclaimed property and post-acquisition integrations
- Gift card and tax restructuring analyses and “health checks”
- Corporate asset recovery
Explore Unclaimed Property services
