It's time again for Did You Know? On DYK days here at Escheatable, we try provide you with interesting information regarding the unclaimed property laws to amaze your friends and frighten your enemies.
Today is Tax Day (although its really on Monday). In any event, thousands of individuals are rushing to file their taxes and make payments (if necessary) to Uncle Sam. Of course, as any unclaimed property professional knows, when so many payments are coming in at once, some are likely to get missed. Uncle Sam, like other large organizations, is not immune. In fact, according to a search done on Missing Money, the IRS or Internal Revenue Service has over 200 items of unclaimed property that are being held by the states.