State laws and regulations on abandoned or unclaimed payroll

Journal Assignment: Locate information regarding payroll reporting, record retention, and escheatment. Link your website(s) and explain the regulations you have researched. Answer the following questions:

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

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

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

You may begin your search with the following websites:,, and

Record your answers in the Journal. Answers should be a paragraph or two of approximately 300 words answering the above questions. Grades will be based on thoroughness of content, analysis, writing, grammar, and spelling.


United States Department of Labor. Retrieved from

Internal Revenue Service. Retrieved from

U.S. Securities and Exchange Commission. Retrieved from

add reference and CPA citation