Audio Conferences

  April 3, 2008 at 02:00PM ET

Don’t let your organization be subjected to penalties and interest assessments that can total thousands of dollars for willful failure to report property!

Under the Uniform Unclaimed Property Act, you must file unclaimed property or escheat reports annually—and make good-faith efforts to find owners of dormant accounts.

Non-compliant companies become targets for stiff penalties and fines that may be levied by state regulators.

Take advantage of this golden opportunity to bring yourself—and your AP staff—up-to-date on unclaimed property. Join IOMA for this information-packed audio conference and discover how to handle escheatment appropriately.

Forty-one states have fall deadlines, so don’t delay. You’re running out of time to become compliant!

In just 90 minutes, you will get a thorough understanding of:

• What types of property must be reported
• Which state should unclaimed property be reported to
• When should unclaimed property be reported including:
• how are the dormancy periods applied
• tips on reporting deadlines and extensions
• What formats, media, and delivery are used to report and remit unclaimed property
• Penalties for failure to report and late reporting
• Data review and internal due diligence techniques
• How to evaluate A/P and prevent "over-reporting"
• Preventing and preparing for audit
• The implications of the Federal Court Injunction in California
• Latest developments

FEATURED FACULTY

Karen Anderson
Vice President, Unclaimed Property Recovery and Reporting (UPRR)

Karen Anderson, a vice president in the consulting practice of Unclaimed Property Recovery and Reporting (UPRR), has been involved in the unclaimed property compliance industry for almost 20 years. Her professional background includes expertise in government policy with an emphasis on state unclaimed property law and regulation. She is a graduate of Loyola University of Chicago School of Law, the former Illinois Unclaimed Property Administrator and was the first Director of the National Association of Unclaimed Property Administrators.