
2023 Annual Report: The State of Unclaimed Property
Annual Report The State of Unclaimed Property The Next Trend in Compliance: Unclaimed Property. Did you know that approximately 1 in 7 people have unclaimed property (UP) in their name? Research conducted by Sovos found that there is upwards of $77 billion in UP assets currently in the United States. As states are cracking down to close the estimated $600 billion tax gap, UP is a prime target for states to recoup revenue through compliance enforcement. This report takes a deep