Wisconsin recently enacted 2021 Wis. Act 87 which provides for a one-time unclaimed property voluntary disclosure program that runs from February 1, 2022 through February 28, 2023. Businesses, organizations, and government entities that have unclaimed property to report, can utilize the voluntary disclosure to report and deliver the property without penalties. You are eligible if you meet the following:
- You have unclaimed property to report from any of the five most recent reporting periods
- You have not been audited for unclaimed property since July 1, 2016 or received a notice of an upcoming audit
- You do not have a balance due on an existing unclaimed property holder account
To apply, go to the unclaimed property homepage: https://www.revenue.wi.gov/Pages/UnclaimedProperty/Home.aspx and click on the Voluntary Disclosure Agreement Application in the Holders section.
See the following resources for additional help: