Department of Revenue kicks off unclaimed property workshops

FROM NEWS RELEASE

OLYMPIA – Businesses holding unclaimed property can learn about their obligation to report it to the state through free workshops being offered around the state by the Washington State Department of Revenue.

Unclaimed property includes unclaimed paychecks, utility deposits, bank accounts, refunds, life insurance proceeds, stocks and bonds and contents of safe deposit boxes. Businesses have to report unclaimed property after losing contact with owners for an extended period, generally three years.

Courses include unclaimed property basics and information for financial institut...