Latest Operations - IRS Topics

In an effort to boost the Internal Revenue Service's electronic filing program, some financial institutions will again next year accept tax forms in chosen locations.

Of all the articles in the first five issues of the BANKERS' HOTLINE, the subjects that have produced the most response from readers are mock holdups, and charging for levies.

In June the Internal Revenue Service will send financial institutions a list of accounts on which were reported an incorrect Taxpayer Identification Number.

The question has come up frequently when operations people get together on whether or not to charge a customer for service of a levy.