Unclaimed Property

Our specialists help organizations limit exposure, both proactively and in the unfortunate event of an audit. We have helped companies in a wide range of industries navigate the complexities involved with multi-state audits, voluntary disclosure programs and annual compliance.

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Consulting Services

As your consulting partner, we are committed to giving you the knowledge and comfort level you need to stay compliant with state unclaimed property requirements. Our professionals have experience with all industries, property types and states. We have helped our clients save money by combining our knowledge of unclaimed property with excellent client service.

Our consulting services include:

  • Audit Assistance and Defense
  • Management of the DE SOS VDA Program
  • Multi-State Voluntary Compliance Assistance
  • Diagnostic Review
  • Policies and Procedures
  • Education Training Seminars
Reporting Services

Altus Group’s Reporting Services allow our clients to outsource their unclaimed property reporting function. Altus Group acts as the liaison between our clients and the states delivering steady communication and reporting throughout the process. We fulfill all state required due diligence mailings, generate all state reports in the required formats, and provide you with history, audit trails, and significant time savings. Altus Group is dedicated to providing superior unclaimed property reporting services.

Our reporting services include the following:

  • Due Diligence Letter Mailing
  • Generation of State Reports
  • Preparation of Voluntary Disclosure Agreements (“VDAs”)
  • Thorough Deliverables and Detailed Management Reports

Negotiated reduction of more than 40% in state assessed past due unclaimed property liability resulting in a $6.5 million assessment reduction.

-International Corporation

Insights & Resources


Five Best Practice for the Delaware VDA Program

Unclaimed Property

California Proposes Voluntary Disclosure Program for Unclaimed Property Reporting

Opportunity to resolve unfiled amounts with waived interest and penalties

Altus Group Responds to Proposed Unclaimed Property Regulations

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One Size Does Not Fit All When It Comes to Unclaimed Property Compliance

In the following podcast, Julia Colbus, Manager with Altus Group State & Local Tax and Advisory, discusses the unclaimed property compliance lifecycle, and how “one size does not fit all” companies.

Listen to Podcast

Experts Who Perform This Service

Julia Colbus

Director, Complex Tax and Advisory Services

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