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Voluntary Compliance Services To encourage reporting past due unclaimed property, many states and jurisdictions offer Voluntary Disclosure Agreements (VDAs). Under a VDA, the state agrees to waive penalties and interest in exchange for coming forth to report all past due unclaimed property. The states and other jurisdictions have strict limitations. Once an organization has been advised that it is to be audited, it may no longer request a VDA. Because each state and jurisdiction is different, it is recommended to obtain the services of an unclaimed property professional. Call us today at (206) 402-2733 to see if a VDA would be right for you. |
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