Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Tax filing season has opened
The Internal Revenue Service has announced yesterday's opening of the 2025 tax filing season, and the acceptance of federal individual tax year 2024 returns. As of yesterday's opening, IRS systems had already received millions of tax returns.
The IRS is again encouraging people to file their returns electronically and choose direct deposit for more secure, faster refunds, and suggests that paper refund checks are 16 times more likely to have an issue, such as the check's being lost, misdirected, stolen or uncashed. Filing electronically reduces tax return errors as the tax software does the calculations, flags common errors and prompts taxpayers for missing information.
Tax refunds are likely to start arriving in paper and direct deposit form by the end of February.
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