Bank Products

What Is A Bank Product?

A Bank Product allows you to deduct your fees for tax preparation from your client's tax refund.

When you have a client that can’t afford to pay you on the spot for your tax preparation fees, you can simply mark the tax return as a Bank Product to have your fees automatically deducted from their tax refund. On top of being able to use a bank product to receive your tax preparation fees, there are many other reasons why you may want to mark a tax return as a bank product, such as:
 
Offering your client up to $6000 Cash Advances – Our banking partners will allow you to offer your clients up to $6000 of their tax refund within 24 hours, or sometimes even the same day! With the new PATH Law (Protecting Americans from Tax Hikes), if your customer has a Schedule EIC (Earned Income Credit) tax form, or applying for Child Tax Credit, the IRS may not fund their tax return until after February 16th! Because of this huge delay in receiving their tax refund, the Cash Advance is a great option for your client to receive a huge portion of their tax refund now instead of later.
 
Print your clients check – You can ease your customers mind and print their tax refund via check directly in your tax office. Many taxpayers fear their tax refund check being lost in the mail. This option completely eliminates this fear knowing they can come pick their check up from your tax office.
 
Offer their refund on a prepaid card – If your customer doesn’t want a printed check, then you have this as on option as well! Many of our banking partners will allow you to give your customer a prepaid card that will have their tax refund loaded on it when its been funded. Another great way to help make your client feel more at ease and less afraid of their tax tax refund check getting lost.

With A Bank Product you can Earn additional revenue!

Through Ultra Tax Pros Software, you will be able to offer your service without the necessity of the taxpayers paying your tax preparation fee out-of-pocket. Rather, our banking partner will withhold your preparation fees from the taxpayers’ refunds and authorize you to print refund checks and issue debit cards from your tax business. In addition, you will be able to offer up to $6,000 Cash Advances to your clients.

Your Clients Refunds Will Be disbursed via

  • Direct Deposit
  • Prepaid Debit Card
  • Check

Who Are The Banks?

RA1

Refund Advantage

Support: (800) 967-4934.

tpg

TPG Santa Barbara

Support: (800) 779-7228

Ultra Tax Pro Software Package

Starting at $499

  • Our Software Package is designed for tax professionals who have already obtained their own EFIN and are simply looking for better more affordable tax software.
  • We offer excellent year round customer service. Our online software comes with all the bells and whistles to help grow your tax business and decrease cost for your tax office. Must have an EFIN.
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Everything You Need to Succeed

  • Low Fees
  • 100% Cloud Based Technology
  • Tax Payer Advances up to $6,000
  • Unlimited Federal & State Returns
  • Fast, Easy to use Software
  • Customizable Mobile App
  • Unlimited Customer Support
  • Unlimited Free E-File
  • Electronic/Remote Signatures
  • Rebates Up to $10,000
  • Paperless Technology
  • Document MAnager
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Fast, Easy to Use Tax Software

  • Bank Product Solutions For Tax Preparers
  • Up to $6,000 In Cash Advances To Clients
  • Convenience for Clients To Pay Tax Preparation Fees
meeting

Are you a tax preparer tired of waiting for your clients to pay your fees? Then, look no further than Ultra Tax Pro Software’s bank product solution! With our bank products, you can offer your clients the convenience of deducting your tax preparation fees directly from their income tax refund.

Gone are the days of sending invoices and waiting weeks to get paid. Through Ultra Tax Pro Software, you will be able to offer your services without the taxpayers paying your tax preparation fees up-front. Instead, our banking partner will withhold your tax preparation fee from the taxpayers’ refunds, authorize you to print refund checks, and issue debit cards from your tax business. In addition, you can offer up to $6,000 in Cash Advances to your clients. As a result, your clients will never see the fees leave their pockets, and you can get paid once the return is approved by the IRS.

Partnering with a bank, Ultra Tax Pro Software offers fully integrated bank products that make it easy for you to receive payment and for your clients to enjoy a hassle-free experience.

Bank products, are also referred to as refund transfers, are a valuable solution that tax preparers can offer to their clients. These products allow your clients to have your tax preparation fees deducted directly from their refund. This can be especially helpful when clients do not have the funds to pay your fees upfront.

Without bank products, tax preparers may send numerous invoices and wait weeks or months to receive payment. However, with the help of Ultra Tax Pro Software, you can split your client’s refund into two payments: directly to them and to you for your tax preparation services.

Our software partners with a bank to allow your clients to have your tax preparation fees withheld from their refund. Your clients will never see the fees leave their pocket, and you can get paid as early as the time the return is funded. Plus, these bank products are fully integrated with Ultra Tax Pro Software, making the process even more seamless.

If you’re a tax preparer looking to get paid faster and provide your clients with a convenient payment option, bank products could be the solution you need. Contact Keystone Tax Solutions today to learn more.

Client Benefits

  • Flexible Refund Options
  • Secure Refund Transfers
  • Zero fees for tax preparation services - no out of pocket costs.
  • Pre-ackknowledgement loans up to $6,000

Tax Preparer Benefits

  • Attract new customers who may not have the means to pay in full upfront.
  • Enhanced payment processing
  • Quick and easy sign-up process
  • Enhance your competitive advantage in the marketplace