November 1 is the deadline for all Idaho businesses and organizations to report and remit abandoned funds that belong to customers and clients to the Unclaimed Property Division of the State Treasurer’s office. This is easy to do online at yourmoney.idaho.gov.
Idaho Law (Title 14, chapter 5) requires this remittance annually. If you have questions please contact our Business Specialist, Britiany Anderson, at (208) 334-3200 or email her at Britiany.Anderson@sto.idaho.gov.
“If businesses keep unclaimed funds on their books it becomes a liability. It is important this money is reported to the state. Once money is turned over to our office we safeguard the funds, and attempt to locate the owners and reunite them with their dollars.”
Idaho State Treasurer