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Are sole proprietors required to file unclaimed property reports?

April 26, 2017file Property proprietors reports sole unclaimed

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Are sole proprietors required to file unclaimed property reports?

2 Answers

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Sole proprietors are required to report if they have unclaimed property. This must be done by April 15th of each year to be in compliance with the DAUPA. If there is no property to report, a none report is not required under negative filing exemptions.

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Yes, sole proprietors are required to report if they have unclaimed property. This must be done by April 15th of each year to be in compliance with the Unclaimed Property Law.