Citibank Issues Forms 1099 For Frequent Flyer Miles, Surprising Customers & IRS
Apparently, the banking industry doesn’t have enough bad press these days. They’re going to new heights to tick off customers… quite literally. Citibank, part of Citigroup, America’s #3 bank holding company, launched a campaign offering frequent flyer miles for opening new accounts. Sounds great, right? Only there was a hitch: Citibank announced that it would…