This is a 90-minute webinar.
10:00 am – 11:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Ready for spring? Fine tune your procedures for processing ACH tax refunds before the coming surge of direct deposits.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand your responsibility for name/account number mismatches
- Properly handle refunds to deceased recipients
- Know what happens when refunds post to incorrect accounts
- Handle other exception items
WEBINAR DETAILS
The IRS issues over 101 million tax refunds every year and over 80% of these are via direct deposit. The average refund amount is over $3,000. Each spring, financial institutions are faced with the challenges associated with exception processing related to ACH tax refund payments. This session is designed to ensure that your processing of ACH tax refunds is efficient, and more importantly, protects your financial institution from losses associated with incorrect handling of these types of payments.
This course is eligible for 1.8 AAP credits.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is ideal for ACH operations, AAP candidates, and audit & compliance staff.
TAKE-AWAY TOOLKIT
- Employee training log
- Interactive quiz
RELATED
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NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
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