After providing your data to JMS, we constantly review it for allowable exemptions and deductions such as: B2B exemptions and de minimis deductions. By reviewing your data early and often it is not only easier to recognize exemptions, but it also allows for more accurate forecasting of future liabilities.
Almost every state requires due diligence to be performed before filing your company’s unclaimed property report. JMS will print, mail and track all due diligence letters for you to keep your desk free and clear of a heavy paper load.
Unclaimed Property reports are due in 50 states and all US territories. JMS will compile all of your reportable data then prepare and process each state report. Promptly after reporting ends, we will assemble a reporting package that will include due diligence responses, report copies and tracking information for you to keep for your records.
Even when it is not reporting season we like to stay in touch with our TEM® clients on a weekly basis. Our relationships with clients are what we pride ourselves on. This consistent communication allows us to address your concerns and questions before they become potential issues during reporting season.
JMS will reconcile your company’s unclaimed property data and send an easy to read summary report as often as once a month. We create a reporting calendar that works for your company to provide a peace of mind that unclaimed property compliance is being handled appropriately and on time.