PLANNING SOLUTIONS

All organizations plan for taxes. However, rarely if ever do you hear of organizations planning for unclaimed property.

Unclaimed Property Solutions has a number of planning solutions that can reduce or eliminate an organizationís unclaimed property exposure. These solutions can be implemented with little or no change to an organizationís operations and do not require the establishment of a special purpose entity.

Service

Gift Cards/Certificates

Unclaimed Property Solutions will assist an organization in implementing a planning solution to reduce or eliminate the need to report outstanding gift card/certificate balances. Unlike other planning solutions, Unclaimed Property Solutions provides a solution that is effective even when addresses are obtained and maintained (e.g., business-to-business sales, catalog sales, online sales, etc.).

Merchandise/Store Credits

Unclaimed Property Solutions will assist an organization in implementing a planning solution to reduce or eliminate the need to report outstanding merchandise/store credit balances. Unlike other planning solutions, Unclaimed Property Solutions provides a solution that is effective even when addresses are obtained and maintained (e.g., catalog returns, online returns, loss prevention procedures, etc.).

Rebates

Unclaimed Property Solutions will assist an organization in implementing a solution to reduce or eliminate the need to report outstanding rebate checks.

Other Property Types

Each property type will have its own distinct fact pattern and reporting requirements. Therefore, once the fact pattern is determined, Unclaimed Property Solutions may be able to provide an alternative option to an organization that may reduce or eliminate the need to report that respective property.