Thursday
Feb 11
2021

ACH Tax Refunds: What Could Go Wrong?

Registration Options & Pricing

Please select your membership status.


Recorded Webinar Includes

  • Recording of the Live Webinar
  • Can be viewed anytime 24/7, beginning 2 business days after the webinar
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up
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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

"The Top 10 ACH Exception Handling Questions"
Tuesday, February 23, 2021

"ACH Rules Update 2021"
Monday, March 8, 2021

"New Time Limits for ACH Warranty Claims Effective June 30, 2021"
Thursday, April 15, 2021

 

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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