Most recently, the IRS processed more than 253 million tax returns and other forms and issued more than $452 billion in tax refunds. Incorrect handling of incoming tax refunds can make the Receiving Depository Financial Institution (RDFI) liable and create the possibility for large losses. This webinar covers the rights and requirements of each participant, proper handling of deposits for deceased recipients, account number and name matching, incorrect account numbers, and a thorough review to correctly handle exceptions. This session will help you learn how to minimize your financial institutions liability and understand what to do and not do.
AAP/APRP credits 1.2
Live Session
11:00 am Eastern Time/ 10:00 am Central Time
Member Price: $225