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California Uses Unclaimed Money to Fix Budget Deficit

May 26th, 2010

California tops the chart in unclaimed money laying with the state treasurer. The state is trying its best to get the unclaimed cash to the rightful owners; A Sacramento resident recently claimed $145 paycheck owed to him; A Rancho Cordova resident has a state pension savings account of $199 unclaimed.

California government is sending more than 9,000 memos every week to citizens who have unclaimed cash. The reminders are being sent week after week to businesses to inform them about any unclaimed cash or property in their name, aside from individuals.

$1.3 Billion Unclaimed Tax Refunds Due to Americans

February 8th, 2010

Each year the unclaimed tax refunds due to Americans, is mounting for various reasons. Some people do not file returns because they don’t owe taxes. However, without documentation, these folks won’t get any due to refunds either. The IRS does not send refunds until a Form 1040 (or 1040A or 1040EZ) is filed with them that details just how big the government’s check should be.

Other taxpayers have income tax withheld but did not file returns because they earned too little. However, the only way to get the withheld money back is to file a return.

Cashunclaimed.com Reports Unclaimed Money in California Still Rising

February 8th, 2010

The State of California is currently in possession of more than $5.7 billion in Unclaimed Property belonging to approximately 11.6 million individuals and organizations.

Although unclaimed money in California is still rising, John Chiang, California state controller, continues to pursue his intent to restore public confidence that their lost property will be safeguarded by the state until property owners can claim what is rightfully theirs.

Unused gift-card money piles up as state unclaimed property

October 25th, 2009

Cashunclaimed.com
Nicole Anderson
Phone: 714-277-3040
URL: https://www.cashunclaimed.com

Unused gift-card money piles up as state unclaimed property

Unused gift-card money reserve is growing at a rapid pace and it is estimated that around $8 billion of this amount is waiting to be reclaimed. In 2008, almost $80 billion was spent on gift-card and gift certificates during the Christmas holiday season. These unclaimed gift card funds are now included under the state unclaimed property, which makes it easier for the US residents to reclaim their unredeemed cards even after the gift card has expired.

Texas State Unclaimed Property Notice Being Regionalized

October 25th, 2009

Cashunclaimed.com
Nicole Anderson
Phone: 714-277-3040
URL: https://www.cashunclaimed.com

Texas State unclaimed property notice being regionalized

Unclaimed War Bonds owed to World War II Veterans

October 25th, 2009

Cashunclaimed.com
Nicole Anderson
Phone: 714-277-3040
URL: https://www.cashunclaimed.com

Unclaimed Money owed to World War II Veterans

Unclaimed money owed to US citizens dates back to even World War II and in some cases much earlier times. World War II saw the emergence of an economically superior America and at the same time a first time experience of the economic uncertainties accompanying a global war.

Most of the American families resorted to buying federal bonds in order to safeguard their economic interests. This bond buying frenzy was the result of 40-year maturity period of these bonds. Federal government was in need of money because of the war and it continued to sell these ‘Series E’ war bonds up until the late eighties.

WEB SITE ASSISTS CONSUMERS SEARCHING FOR MISSING MONEY

December 28th, 2008

CashUnclaimed.com
Nicole Anderson
198881 Brookhurst St., C-285
Huntington Beach, CA 92646
(714) 277-3040 x 707
(801) 729-9218
pr@cashunclaimed.com
https://www.cashunclaimed.com

WEB SITE ASSISTS CONSUMERS SEARCHING FOR MISSING MONEY

CashUnclaimed.com Provides Helpful Service

HUNTINGTON BEACH, CA — As Americans tighten their budgets and the economy shrinks, now is the time for consumers to seek out any missing money they may be eligible to collect. CashUnclaimed, a Web-based service provider, assists individuals looking for unclaimed funds through its easy to use online database.

According to CashUnclaimed representative Nicole Anderson, missing money comes in many forms ranging from un-cashed checks, dividends, securities to forgotten banking accounts.

$110 Million in Tax Refunds and Rebates Go Unclaimed

December 28th, 2008

Unclaimed tax refunds are at an all time high. The IRS released the figures for unclaimed tax refunds and tax rebates of $110 MILLION.

The $110 Million in unclaimed money is owed to 115,478 Americans, with the average unclaimed tax refund check totaling $953.

So, why are these returns unclaimed?

Bad Address on File with the IRS

These $110 Million in unclaimed tax refund or rebate checks could not be delivered at the address on file with the IRS and are classified as undeliverable.

It is important to update your address with the IRS when you move. This can be done easily by downloading IRS form 8822, the change of address form for the IRS by clicking here.

5 Best Places to Find Truly Free Money

April 21st, 2006

With the cost of gasoline rising to over $3.00 per gallon, Americans need to save money where possible. But is there really such a thing as free money? I will not insult your intelligence, no, nothing is absolutely free. However, there is “free money� available BUT the catch is it does take your time and some internet forms or paperwork to receive it. If you are willing to put in a few minutes you can have some money in hand!

1 – Money for College

1.7 MILLION AMERICANS WILL FORFEIT $2 BILLION TO UNCLE SAM ON APRIL 17TH

April 21st, 2006

Unclaimed money in the United States is at an all time high, $25 Billion, and unclaimed tax refunds make up a large portion of that number. Approximately $2 Billion in unclaimed tax refunds is owed to 1,714,500 Americans who did not file for their return in 2002.

People owed refunds on their 2002 taxes have until April 17, 2006 to file for that tax year and claim their refund. If they do not file the $2 Billion will be forfeited to the government.