Taking advantage of these bank product options will not only benefit you through substantial fee-based revenues, but they will benefit your clients as well. Bank products enable you to get your clients their money quickly and securely. And bank products limit your clients’ up front expenses by having their tax preparation fees automatically deducted from the refund. All the forms you need, whether you specialize in 1040s or prepare all types of returns.
Benefits of banking products:
- Fast data entry and instant flow between forms
- Built-in checks that prevent errors and omissions as you enter data
- Easy electronic filing
- Unlimited users in the same office and no network fee (fees may apply)
These partnerships bring you the best collection of financial services to meet your clients’ needs.
Traditional Settlement Products
Santa Barbara Tax Products Group®
Give your clients the option to pay for tax preparation with their refund and grow your business with TPG. Whether it's tax time advances that help you attract and retain clients, pre-season and in-season cash flow to help you grow your business, free advertising resources that get attention, the highest level of customer support, or easier ways to issue money like the Walmart MoneyCard — TPG draws from over 27 years of experience, helping tax professionals grow their business. Partner with TPG and Settle for More.Learn More
A preparer payment solution that combines three low cost refund options under one brand.
- Low Cost: 3Fund leads the industry with affordable refund disbursement products. There's no Technology Fee.
- Easy to Offer: 3Fund is seamlessly integrated into your TaxWise software.
- Reliable: You can depend on us to deliver the refund experience you, and your clients, expect and deserve. TaxWise has been processing electronic tax returns and bak products for years. Nobody has more experience or does it better than us!
3Fund is a preparer payment solution that combines three low cost refund options under one brand. With 3Fund, you can easily deduct your preparation fees directly from your client’s refund and then give them a choice on how they want to receive their remaining funds; on a prepaid card, printed check or via direct deposit.
Your clients can choose the refund option which works best for them, and they won’t have to pay their tax prep fees out-of-pocket. They’ll be happier than ever before, and you’ll value receiving timely payments — every time.
Best of all, 3Fund’s low cost solutions help keep you competitive in today’s market. You can offer a refund product for as little as $26.95!
- Streamline Cash Flow — Ensure timely payment by automatically deducting your tax prep fees from your client’s refund.
- Client Satisfaction — Eliminate clients’ out-of-pocket costs and give them a choice on how to receive their refund.
- Prepaid Card
- Direct Deposit
- Low Cost — 3Fund leads the industry with affordable refund disbursement products. There’s no Technology Fee.
- Easy to Offer — 3Fund is seamlessly integrated into your TaxWise software.
- Reliable — You can depend on us to deliver the refund experience you, and your clients, expect and deserve. TaxWise has been processing electronic tax returns and bank products for years. Nobody has more experience or does it better than us!
To learn more about 3Fund, please call us at 800-375-9542 today.
If you are an existing customer, please call your Account Manager at 800-495-4626.
Refund Advantage is a leader in the tax refund products industry using state of the art technology, with a management team with over 21 years of experience with tax refund products.Learn More
Refund Advantage Tax Refund Services was built with you- the independent ERO, in mind. Our goal is to help you remain competitive by giving you the tools, options and solutions you need to diversify your business and compete with the national chains. Refund Advantage is a leader in the tax refund products industry using state of the art technology, with a management team who has over 21 years of experience with tax refund products. We are committed to providing you and your clients the best tax refund product experience possible!
For Service Bureaus and Multi-Office groups, we have Group Management tools to help manage the activity of all your offices, from anywhere! This includes: exclusive account manager assistance, customized fee & incentive structures, a market analysis for every location, advanced security and reporting options, and customized supply fulfillment options.
Refund Advantage is the ONLY tax refund product provider to continually offer EROs an incentive program over the last 8 years! Enroll today to earn more money this tax season with Refund Advantage!
For additional information visit www.refund-advantage.com or call us at 800-967-4934
Republic Bank & Trust Company®
Republic Bank & Trust Company offers a quick and convenient way for receiving refunds and paying tax preparation and other fees with their refund. With over 15 years of experience in the e-file industry, Republic Bank Tax Refund Solutions is one of the leading national providers of Refund Transfers (RTs). Republic Bank is partnered with several major tax software providers and thousands of professional tax preparation offices across the country. Each tax season, millions of customers choose a Refund Transfer from Republic Bank to receive their refund quickly and conveniently while paying tax preparation and other fees with their refund.Learn More
River City Bank's long standing reputation in the tax refund settlement industry spans nearly three decades with a focus on commitment to excellence and customer service. The dependability of this organization has been a standard for thousands of preparers across the nation. Our priorities are simple; to provide valuable and cost-effective products and services that EROs and taxpayers need while maintaining a high level of integrity to help protect the nature of the industry. River City Bank remains driven to be the absolute best choice for your most successful banking partnership. For complete information on River City Bank's products, call 888-820-7848, or visit our website at www.rcbtaxdivision.com.
Note: Available in TaxWise Desktop only. River City is not an available option when working in TaxWise Online.Learn More
EPS® – A Division of MetaBank®
New for 2018! EPS provides a suite of innovative refund transfer and payment solutions to manage every financial transaction in your tax office. Our dynamic payments platform delivers tailored options that include e-Collect, our lowest priced RT program offering RT's for as little as $0, and e-Advance offering no cost taxpayer advances at no cost to the tax preparer. EPS also offers ERO preseason loans and tax prep fee advances, along with other financial solutions for your office which include seasonally-priced credit and debit card processing options.
EPS Financial continues to innovate and lead the industry by delivering two unique refund transfer program options for your tax offices. One offers you the lowest cost refund transfer option, while the other introduces the industries only Taxpayer Advance option at no cost to you:
- e-COLLECT – The lowest cost refund transfer program which includes a no cost RT option and low cost RT pricing based on the tax payer's disbursement option. $0 for the E1 Prepaid Card, $15 for direct deposit and $20 for a check disbursement.
- e-ADVANCE – The industry's only no-cost taxpayer advance option for taxpayers and ERO's. Two loans available for your customers; one no-cost advance up to $1,500 and for those that qualify and apply, and a second additional interest-bearing Plus Up loan of $1,000. One tax refund can apply for both loans at no cost to your office (no marketing fee).
No-cost taxpayer refund advances are available in three tiers, $500, $1,000, and $1,500.1,2 Additionally, your customer may be eligible to apply for an additional interest bearing loan up to $1,000.3
For Service Bureaus, we specialize in offering handcrafted services and program support that meet your organizational objectives:
- Dedicated support channel
- Hierarchical and multi-office fee detail and management reporting
- No prior year volume or history requirements for sub-office approvals
- New ERO sub-offices ARE ELIGIBLE to offer taxpayer advances
- Fee splitting and multi-party funds disbursement
For merchant services credit card processing, use our e-Pay program and save $. Pay no monthly fee outside of the tax season (June – December) and benefit from processing rates as low as 1.74%.
EPS understands that a single solution doesn't work for everyone. This stems from our comprehensive understanding of your business structure, marketing goals, and customer growth objectives. The most comprehensive payments processing platform in the industry.
(1)Additional marketing fee applies with e-Collect and e-Bonus programs or loans without a refund transfer.
(2)The Refund Advance is an optional tax-refund related loan provided by MetaBank® (it is not the actual tax refund) at participating locations. The amount of the loan will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer. Fees for other optional products or product features may apply. Tax returns may be filed electronically without applying for this loan. Loans offered in amounts of $500, $1,000, or $1,500. Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards.
(3)The Plus Up Loan is an optional tax-refund related loan provided by MetaBank® (it is not the actual tax refund) at participating locations. The amount of the loan will be deducted from tax refunds and reduce the amount that is paid directly to the taxpayer. Annual Percentage Rate of 29.9%. For example, for $1,000 borrowed over a 21 day term, total amount payable in single payment is $1,017.20 including interest. Fees for other optional products or product features may apply. Tax returns may be filed electronically without applying for this loan. Availability is subject to satisfaction of identity verification, eligibility criteria, and underwriting standards.Learn More
Non-Traditional Settlement Products
Lets you deduct your tax preparation fees directly from your clients' refunds.
- $15 deducted from tax prep fees
- Two disbursement types available:
- Direct Deposit
- Pre-paid Visa Debit Card
What is FeeCollect?
FeeCollect is a service that permits tax preparers who file electronically (EROs) to deduct their tax preparation fees directly from their clients' refunds. This service is being offered in cooperation with Santa Barbara Tax Products Group. (SBTPG).
Who can use this service?
Any ERO who signs up for FeeCollect through the MyATX Solution Center or MyTaxWise Solution Center websites. FeeCollect is being administered by SBTPG, but EROs should NOT complete the SBTPG ERO Bank Application. Instead, they should look for the separate FeeCollect application on the MyATX Solution Center or MyTaxWise Solution Center.
Can I offer FeeCollect and bank products too?
No. FeeCollect cannot be used in association with any refund bank products. Tax preparers who offer refund bank products, even if they do it through SBTPG, may not participate in FeeCollect.
How does FeeCollect work?
Professional tax software solutions creates a taxpayer consent form which prints out with the tax return. When the taxpayer's refund is received by SBTPG, the tax prep fees will be deposited directly to the tax preparer's bank account (minus a fee for this service) and the remainder of the refund will be deposited directly to the taxpayer's bank account or prepaid card (if they chose to receive a prepaid card).
What is the fee charged to the tax preparer?
The fee is $15.00, less than you would spend collecting fees from a slow-paying client.
What disbursement options are available for the client to receive their refund?
Refunds can be deposited to the clients' personal bank account or to a Diamond Plus prepaid card. You can choose to offer the Diamond Plus card when you enroll in FeeCollect.