Reporting Unclaimed Property

Reporting Unclaimed Property

Written by Hawkins Ash

April 8, 2015

This publication explains how Wisconsin’s unclaimed property laws may apply to your business or organization. Any business or organization that has possession of unclaimed property (often referred to as a “holder”), has a duty to report and turn over the property to the Department of Revenue. A financial, insurance, or utility company incorporated or physically located in Wisconsin must file a report even if it has no unclaimed property. The department acts as the custodian of unclaimed property for the benefit of its owner.

 

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Hawkins Ash
A regional, full-service public accounting firm
Hawkins Ash CPAs is a regional, full-service public accounting firm. Since 1956, we’ve provided consistent, thoughtful, and difference-making audit, accounting, tax, and consulting services to clients in Wisconsin, Minnesota, and across the United States. We are a growing firm with currently five offices in Wisconsin and three offices in Minnesota. Firm wide, we have 125 professionals and 14 partners. Our professionals work with various privately held, governmental, nonprofit, housing authority, and credit union clients.

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