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February 12, 2020
2:00-3:00PM

Tax Refunds

Webinar

The IRS issues over 101 million tax refunds on a yearly basis and over 80% of these are via Direct Deposit. The average refund amount is over $3,000. With such a high volume, it is imperative that your financial institution handle tax refunds with the utmost care and caution to avoid large dollar losses that can be caused by not understanding the unique requirements of IRS tax refunds. These requirements address account number/name matching situations, deceased recipients, refunds posting to incorrect accounts, and refunds as exception items. This session will cover the rights and obligations of the financial institution, account holder, and tax preparer. What happens when the name and account number do not match?

Who should attend: Suited for ACH Operations, Branch Personnel, Compliance Officers and AAP Candidates

AAP Credits 1.2

Webinar Cost:
Member Price: $199
Non-Member Price: $398

SFE Education Club = 8 Credits

Click here to Register!

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2020-02-12 14:00:00 2020-02-12 15:00:00 America/Detroit Tax Refunds The IRS issues over 101 million tax refunds on a yearly basis and over 80% of these are via Direct Deposit. The average refund amount is over $3,000. With such a high volume, it is imperative that your financial institution handle tax refunds with the utmost care and caution to avoid large dollar losses that can be caused by not understanding the unique requirements of IRS tax refunds. These requirements address account number/name matching situations, deceased recipients, refunds posting to incorrect accounts, and refunds as exception items. This session will cover the rights and obligations of the financial institution, account holder, and tax preparer. What happens when the name and account number do not match? Who should attend: Suited for ACH Operations, Branch Personnel, Compliance Officers and AAP Candidates AAP Credits 1.2 Webinar Cost:Member Price: $199Non-Member Price: $398 SFE Education Club = 8 Credits Click here to Register! ----