Entries by Danielle Herring

Tennessee Updates for Spring Reporting

The 2014 report for Tennessee is due by May 1, 2015. Tennessee just updated their reporting guide and introduced some changes. The biggest change is they have adopted the NAUPA Standard Relationship Codes. This is a list of relationship codes that was recently approved by NAUPA and many states are now adopting their use. My favorite thing […]

Danielle Herring

Product Manager, UPExchange

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Reduction of Dormancy Period for Payroll Checks in Missouri

Missouri House Bill 1075 introduced some changes to unclaimed property filing for the state. The change that has the biggest impact is that payroll checks, property type MS01, are now reportable after 3 years of dormancy. This was reduced from a 5 year dormancy period. This change is effective January 1, 2015. What is the […]

Danielle Herring

Product Manager, UPExchange

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The 8 Biggest Unclaimed Property Mistakes Companies Make (and How to Avoid Them)

The following are commonly made mistakes by companies of all sizes, both public and private, across all industries in the handling of unclaimed property. With the frequency and broad scope of unclaimed property audits at an all-time high, it's more important than ever for companies to ensure that they are avoiding these common pitfalls. Unclaimed […]

Danielle Herring

Product Manager, UPExchange

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Texas Requires Online Filing

Texas recently announced that they will no longer accept your unclaimed property reports on CD or diskette. Click here to see the full announcement on the state’s website. This goes into effect with the report due July 1, 2014. Any reports that are not submitted online will be subject to rejection. Indiana has had this requirement […]

Danielle Herring

Product Manager, UPExchange

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California and Illinois Change Aggregate Limits

California and Illinois have both made changes to their aggregate dollar limits. Before I provide the details, I’d like to explain what the aggregate limit is for those who are unaware of this concept. A state’s aggregate limit is expressed as a dollar amount. If a state’s aggregate limit is $50, this means you can […]

Danielle Herring

Product Manager, UPExchange

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