Unclaimed Property Practice
Ryan's unclaimed property experts are committed to helping
our clients navigate the maze of unclaimed property laws, efficiently applying
them to their businesses and effectively managing state enforcement efforts.
Our professionals have extensive experience
identifying and quantifying unclaimed property liabilities, and
help our clients develop a strategy to minimize unclaimed property
exposure.
Services Provided:
Our highly qualified team is prepared to provide our clients with
solutions for all of their unclaimed property needs, including:
- Asset recovery
- Audit defense
- Internal controls review
- Outsourcing compliance
- Policy and procedures recommendations
- Pre-filing review
- Transactional and gift card planning
- Voluntary disclosure
Industry Expertise:
Virtually all industries are subject to unclaimed property
compliance requirements. Unclaimed property reporting requirements
especially affect companies with numerous transactions, a large
customer base, and a large temporary workforce. This includes not-for-profit
entities. Ryan has experience in almost every major industry, including:
- Financial services
- Healthcare
- Hospitality
- Manufacturing
- Oil and gas
- Retail
- Telecommunications
- Temporary staffing agencies
Our unclaimed property team can help our clients realize benefits,
including negotiating favorable settlement agreements, as well
as expeditious completing examinations. We can also help
minimize audit assessments, interest, and penalties, as well as
offer process improvement recommendations to enhance internal
controls to strengthen future compliance and records retention.
For more information regarding Ryan's unclaimed property
compliance and consulting services, please contact us
at 213.627.1719.
In The News
Comptroller Rylander Returns Unclaimed Funds to Three Retired Education Employees.
Legal and Legislative Developments
New York Initiates Unclaimed Property Amnesty with Outreach Program.
Virginia Announces Unclaimed Property Amnesty Program.
States Take Action to Ensure Revenue Generation Through Unclaimed Property.
Tennessee Unclaimed Property Amnesty Program.