Kansas – email extension request form to All requests will be approved.Florida – email Georgia – email with company name, FEIN, reason for extension, and desired date of submission.Here are a few states that have confirmed that they will accept extensions for COVID-19: If you need more time, fill out a holder extension request, or email the state unclaimed property department for more information. Many other states have indicated that they will grant extensions to holders that are unable to file on time due to COVID-19. Similarly, in Illinois, interest and late-filing penalties will be waived for up to 60 days after the end of their emergency declaration. While Pennsylvania has not extended their deadline, all fines, penalties, and interest will be waived as long as the holder submits their report by June 15, 2020. Other states may be added to this list as time goes by: Others have even extended their spring filing deadlines.Īs of now, California, Massachusetts, Maryland, Nevada, North Carolina, and New Jersey have officially extended their deadlines. Some are still operating as normal remotely, while others have limited their hours, or are only accepting inquiries by email. In response to the COVID-19 outbreak, many state unclaimed property departments have closed. FSI acted quickly to ensure the safety of our team, and though we have been working from home since mid-March, our level of service remains undiminished. We hope that everyone is staying safe and sane during this terrible pandemic. Iowa, Indiana and Wyoming require that the report be postmarked by Sunday, November 1, while North Carolina requires the report to be in their office by November 1.įinally, here are the states that I have personally confirmed will accept reports on November 2: AK, AL, AZ, CA, DC, GA, IL, KS, KY, MA, MD, ME, MO, MS, MT, ND, NE, NH, NJ, OH, OK, OR, SD, TN, TX, UT, WI, WV.ĬOVID-19 & Unclaimed Property Filing Corky Cootes | March 26, 2020 Nevada, which is an online-only state, requires the report to be submitted no later than Saturday, October 31. However, there are states that are not so lenient, and require the report to be in their office on October 30th, the Friday before the weekend: Arkansas, Idaho, and Washington. For those that like to take it closer to the wire, most jurisdictions will allow reports to be submitted on November 2, without penalties or interest. In general, as long as you have given sufficient time for owners to respond to your due diligence mailing, you can file your unclaimed property report any time between now and the end of October. Will this cause any changes to your unclaimed property reporting process? Unclaimed Property Filing Deadlines 2020: Weekend Edition Corky Cootes | September 23, 2020Ģ020 sure has been something, and the fun isn’t over yet: the big fall deadline for unclaimed property reports is fast approaching, but this year October 31 and November 1 fall on a Saturday and a Sunday respectively. You’ll also be able to visit our booth for a product demonstration of the premier unclaimed property software, FSITrack! Our Senior VP of Product, Corky Cootes, as well as our Senior VP of Sales and Marketing, Luke Forrest, will be in attendance. UPPO offers an excellent opportunity to keep up to date with trends in the unclaimed property world, with plenty of chances to connect with leading industry professionals in both the private and public sector. Owner notice letters (also known as “due diligence letters”) should go out by May 1 for these states.Īlso this spring… the annual Unclaimed Property Professionals Organization conference has been online-only for the past two years, so we are looking forward to reconnecting in-person with our friends in the unclaimed property professional community March 27 – 30 in Orlando, Florida! Proper hygiene and masking protocols will be followed. A handful of jurisdictions require all holders to file their unclaimed property reports in the spring, notably Vermont, Connecticut, Pennsylvania, and Florida.įurther down the road are the outlier states of Texas and Michigan, with July 1 filing deadlines for all companies. While the vast majority of unclaimed property is due to be reported before November 1, many holders, especially insurance companies, will also need to file a report in the spring, before May 1.
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