Unclaimed Property Blog

About $920,000 in tax refunds are due to residents in Utah. It is the goal of IRS Comminssioner Mark W. Everson to get this money back into the hands of the people it belongs to.

According to information provided by the IRS, refunds can go astray for a number of reasons, but they usually are lost when a taxpayer moves or changes address and doesn’t notify the IRS or the U.S. Postal Service. Utah taxpayers who have moved since filing their last tax return are those that should look into this free money give-a-way.

Here’s a great site that has reviews, articles and advice about all the paid online survey websites out there. It seems to be the latest craze to hit the Internet - everyone wants to get paid big money filling out surveys. I think this is possible to find these paid surveys, but I don’t really know how much money you can make.

Some sites claim you can make $250 per hour. I’m a little skeptical about that, but don’t see why you couldn’t make some extra cash on the side with it.

On Deborah’s Proposal Writing Blog she talks about how to look for a government grant and get free money. This is a legitimate way to get money for all sorts of things.

In her post she says:

“I get a lot of e-mail from individuals who are looking for grants (or what many people call “free money”). Most of the individual grants that are given by foundations are for scholarships and educational support, research and the arts; however, there are some individual grants that don’t fall into these categories.

Free money - do you want it? You would think that most people would jump at the chance. However, Three business school professors have discovered that when it comes to work most people are leaving hundreds or thousands of free dollars left on the table.

The Seattle Post-Intelligencer is reporting that in their study, called: “$100 Bills on the Sidewalk: Suboptimal Savings in 401(k) Plans.”, most people are not taking advantage of investment fund matching programs. This is where the employer will match any contribution you make to an investment account like a 401K retirement account.

Minnesota is trying to return over $230 Million dollars to it’s rightful owners. The Star Tribune reporter Kara McGuire wrote that her husband recently recovered $124

Minnesota’s unclaimed property law mandates that companies turn assets over to the state if they can’t locate the rightful owner within three years. There are many other sources of unclaimed money, property and funds. It can be from lost tax refunds, insurance settlements, old bank accounts and safe deposit boxes.

The state unclaimed money websites and all of the government sponsored sites related to found money are missing 90% of the lost money records and can often make you miss out on funds that you should have claimed. They simply don’t contain most of the records. It would take you 50+ hours to search all the government sites one by one. No matter what your state tells you, there is no government site that searches all the lost money databases.

This story by the South Florida Sun-Sentinel reports that 54,639 people and companies in Broward County Florida and 32,937 in Palm Beach County Florida who have money or valuables at the state’s Unclaimed Property agency. These lost funds and unclaimed property come from old bank accounts, insurance policies, uncashed checks, business accounts, safe deposit boxes and other sources. Every state and some Federal agencies are holding unclaimed property. In fact, it is said that there is over $30 billion dollars in unclaimed property listed by these agencies. Most people don’t even know they are owed the money.

Every year the state of Nevada has millions of dollars worth of unclaimed property reported to it. This money belongs to people who have forgotten bank accounts, uncashed checks, lost insurance settlements and many other sources. Most people don’t even know they have money being help by the state in their name. Now, based on this article published in the Las Vegas Sun, the state of Nevada wants to spend “$8 million a year from the state’s unclaimed property fund… through 2012″. That’s your money they are spending! You better click to check out this unclaimed property search and see if any of it belongs to you.