Compliance Watch

The Internal Revenue Service has announced it recently sent approximately 430,000 refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for tax year 2020.

The CFPB has released several guidance documents to assist industry with providing the validation information in preparation for the Debt Collection Rule’s upcoming effective date.

Credit unions eligible to apply for the National Credit Union Administration’s minority depository institutions mentoring grants now have until Nov. 14 to submit their applications through the agency’s CyberGrants portal.

With the passage of HB 2548 in the 2021 Legislative session, persons presented with a power of attorney (POA) will be required to accept them for use unless Oklahoma law provides grounds for refusal.

Question: How long do we keep chat logs with our members? Answer: For the same length of time as you would keep a written record of the same retention category.

CUPolicy Pro, InfoSight, and RecoveryPro wish you a Happy Halloween.

In February 2021, the U.S. Census Bureau released the 2020 Census Data tract boundaries.

The Consumer Financial Protection Bureau has issued a series of orders to collect information on the business practices of large technology companies operating payments systems in the United States.

Through a live webcast, the National Credit Union Administration Board held its ninth open meeting of 2021 and approved two items, as announced in a recent press release...

The Department of Defense Military Lending Act website has announced a planned systems upgrade scheduled for Jan. 20, 2022.