WASHINGTON - (09/15/04) -- NCUA said representatives from theInternal Revenue Service will participate in the agency's AccessAcross America workshop Sept. 30 at the IRS office in San Jose,Calif., to teach credit unions about the availability of IRSprograms. A partnership between the two agencies was formed toteach credit unions about the VITA Program, offering free taxpreparation for low income people; the Earned Income Tax Credit ,and how to become an Electronic Return Originator, providingelectronic tax filing services. During the workshop, applicationswill be processed on-site for participation in the IRS's IndividualTaxpayer Identification Numbers Acceptance Agent program or to bean e-file provider. A second IRS-NCUA workshop is planned forNovember.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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