Unclaimed Property
Unclaimed Property 101: Understanding the Basics
Unclaimed property is generally defined as a fixed and certain interest in intangible property that is held, issued or owed in the course of a
Solution: Unclaimed Property
Unclaimed Property
The Benefits of Outsourcing Unclaimed Property
Maintaining compliance with the requirements surrounding unclaimed property is complex and time consuming, even for those who have experience with it. Outsourcing unclaimed property responsibility
Unclaimed Property
UP Legislation and Regulation Update
The 2023 legislative session has been unusually active. Learn about recently introduced legislation and pending regulations and what their passage may mean to your company.
Unclaimed Property
California Begins Voluntary Compliance Program Rollout
The California Voluntary Compliance Program (VCP) is now available, according to an announcement from the California State Controller. For the first time, we are hearing
Unclaimed Property
How to Prepare for the Pending California Voluntary Compliance Program
In our recent blog, “California – One Step Closer to a Voluntary Disclosure Program,” Freda Pepper outlined everything we currently know about the program, including
Sovos Unclaimed Property Newsletter: The UPdate
Sovos Unclaimed Property Newsletter: The UPdate Newsletter Your Trusted Resource In Unclaimed Property Stay up to date on what is happening in the unclaimed property
Unclaimed Property
What the Supreme Court’s MoneyGram Litigation Ruling Means
The Supreme Court has issued its decision in Delaware v. Pennsylvania and Wisconsin, and Arkansas v. Delaware (the MoneyGram litigation). It is the Court’s opinion
Unclaimed Property
5 Things to Expect at the 2023 UPPO Annual Conference
The unclaimed property (UP) community will convene in Nashville starting Sunday, March 12 for the 2023 Unclaimed Property Professionals Organization (UPPO) annual conference. Approximately 600
Unclaimed Property
UP Spring Reporting Season
Join us to prepare for the spring 2023 unclaimed property reporting season. During the webinar our experts will discuss our software and unclaimed property reporting
Unclaimed Property
Does ChatGPT Know About Outsourcing Unclaimed Property Obligations?
Artificial Intelligence (AI) is not a new topic, but with the recent launch of ChatGPT – an AI chatbot – every day internet users now
Unclaimed Property
Life Insurance & Unclaimed Property – What You Need to Know
Every industry has its own unique unclaimed property issues and Life Insurance has more than most. Join us to learn more about these issues and
Unclaimed Property
2023 UPPO Annual Conference
The UPPO Conference is the top education and networking event for professionals working with unclaimed property. Stop by and see Sovos at booths 4 and
Unclaimed Property
California – One Step Closer to a Voluntary Disclosure Program
On September 13, 2022, California Governor Gavin Newsom signed AB 2280 into law, paving the way for the creation of a long-awaited Voluntary Compliance Program
Iowa HSB 33; IA SSB 1055
Companion bills have been introduced in Iowa proposing to amend the banking provisions in Iowa’s Unclaimed Property law to include electronic messaging as an activity
Oregon Senate Bill 311 Introduced
On January 17, 2023, Oregon Senate Bill 311 was introduced. The bill proposes to amend Oregon’s False Claims Act. Because False Claims Act violations are
Oregon House Bill 2160 Introduced
On January 17, 2023, Oregon House Bill 2160 was introduced. The bill proposes to amend both the securities and wages provisions in Oregon’s unclaimed property
Unclaimed Property
How to Avoid 6 Common Unclaimed Property Myths
Unclaimed property is often misunderstood. Despite their best intentions, we find that many companies operate under factually inaccurate assumptions that could put their business at
Required Distribution Date for IRAs is changing
On December 29, 2022, President Biden signed the Omnibus Bill (HR 2617) also known as SECURE ACT 2.0. The new law includes provisions that will