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ACH IRS Tax Refund Exceptions

Tuesday, 04 December 2018 11:00 AM PST, 02:00 PM EST

Training Duration = 90 min                  Sponsored by Online Compliance Panel

Click Here to register $200.00

Click Here to register and receive CD recording $400.00

Join this webinar to understand how to be prepared to handle tax refunds entries and exceptions properly.

Learning Objectives:

  • Understand the RDFI's liability for handling tax returns
  • Know the tools available to the RDFI for handling tax return exceptions
  • Understand the use of R17
  • Know when to use R17 versus R03
  • Understanding name matching
  • NACHA Opt-in Program
  • External Leads Program

Why Should You Attend:

What tools may an RDFI use to handle ACH tax return exceptions? In this webinar, we discuss the RDFI's liability for ACH tax refund Entries and methods to use to mitigate damage to account holder relationships and to the balance sheet. Of course, we examine the NACHA Rules and IRS rules for Providers of individual income tax returns.

We study scenarios and possible conclusions. Learn about the opt-in program put in place by NACHA and the IRS. Additionally, the external leads program continues to be a great tool to combat fraudulent refund activity. Find out how these tools may simplify your exception process and prevent fraud.

Areas Covered

  • Explanation of Artificial Intelligence (AI), Robotics Process Automation (RPA) and bots as they pertain to Accounting
  • Real life examples of where AI, RPA and bots are being used today
  • Look at the skills you will need to work with this new technology
  • Impact of AI, RPA and bots on accounting and accounts payable function
  • The type of professionals that will be in demand in the future


John Cogdill, AAP is a Payments Education Specialist for ePayResources and assists with the development and delivery of ePayResources professional training. He is an active staff member for ePayResources' exclusive Payments Answerline where he supports members in resolving their payments related questions.

Currently, John leads the ePayResources Education Committee which helps develop seminars, teleseminars, and webinars for other participants within the payments industry. As former Director of Member Relations, John served as primary contact for the Member Relations & Services Team and oversaw theFraud and FBI Day programs. He also supported membership needs by providing information regarding various products/services and spoke on various payments, fraud and risk management topics.

Prior to joining ePayResources in 2014, John has worked with community financial institutions and has held numerous positions within the financial industry. His primary focus was with Treasury/Cash Management, risk management & assessments, audit organization, operations of payment systems and ATM network administration.

He also served as a member of an Operational Risk Committee, which oversaw and monitored risk of Commercial ACH Originators. John attained his Accredited ACH Professional (AAP) designation from NACHA in 2011.

A native-New Mexican, he attended New Mexico State University where he earned double-Bachelor degrees in General Business & HR Management, with Minors in Marketing and Business Management. He also acquired an Associate's Degree in Digital Graphics Technology and Website Design from the Dona Ana Community College.