During the deposit operations update we will look at new IRS requirements for OBBBA items such as foreign remittances and new car loan interest reporting.
What You’ll Learn:
– Foreign Remittance Excise Tax remitted to IRS
– Check fraud—who takes liability on the check
– IRA new codes on repayments
– Closing Accounts
– Opening and closing procedures for your branches
– Car Interest reported to IRS this year—New Car Loans
– Deceased accounts
– FDIC Digital Signage
– Regulation E—liability for lost and stolen debit cards
Who Should Attend?
Deposit Operations Staff, Deposit Compliance, Branch Administration, Training and Management