What is escheatment and what are state laws

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Question - Answer the following questions:

a. What is escheatment and what are state laws and regulations on abandoned or unclaimed payroll funds?

b. Within payroll reporting compliance what information should be reported and how often? What information should be posted for employees?

c. How long are employers required to maintain payroll records and how should they be maintained?

Answers should be a paragraph or two of approximately 300 words answering the above questions.

Reference no: EM131876976

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