Close more clients with Refund Settlements
Payment Flexibility That Just Makes Sense
Close more clients with Refund Settlement and get paid by giving them what they want. Let taxpayers pay for their tax preparation fees using their refund with our convenient Refund Settlement as a payment method. Ensure that you always have funds on hand to cover refund settlement and all other expenses.
With Refund Settlement, your clients can pay for your tax preparation services directly from their refund, rather than paying up front. This gives them flexibility and removes the financial burden of paying out of pocket.
Receive payment one business day after your refund is funded. Your fees are collected and deposited directly into your bank account through our banking service software.
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Offering bank products for tax preparers like Refund Settlement sets your tax business apart from competitors who may not provide similar services. It positions you as a full-service option, meeting the specific needs of your community.
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We process refund settlements and advances throughout tax season. Get ready to hit the ground running!
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Enjoy Refund Settlement hassle-free for just $44.95!
Each additional refund settlement (e.g., a state return after a federal refund) incurs a fee of $10–$12.
Disbursement options
Ready to grow your tax business with Refund Settlement? Review pricing for everything in our suite of software. Have you chosen one or more that you’d like to learn more about? Schedule a demo today and join the thousands of tax professionals already using refund settlement as a payment method.
Frequently Asked Questions
A refund settlement is a financial service that allows tax preparation fees to be deducted directly from a client's tax refund. The remaining balance is then transferred to the client via check, direct deposit, or a prepaid card.
It benefits the client by providing a convenient way to pay for tax services without upfront costs. This is especially useful for clients who may not have the funds available at the time of filing or prefer the ease of having fees automatically deducted.
The fee for refund settlements is $44.95. Each additional refund settlement (e.g., a state return after a federal refund) incurs a fee of $10–$12. It’s important for tax professionals to clearly communicate these fees to clients to ensure transparency.
The processing time for a refund settlement usually depends on the IRS's refund processing schedule. Once the IRS releases the refund, the transfer can be processed and made available to the client within a few days.
Yes, refund settlements are safe and secure. Refundo uses encrypted systems to handle sensitive information and comply with federal regulations to protect client data throughout the transaction process.
Tax professionals can partner with Refundo by registering for the service, integrating it with their tax preparation software, and training staff on the new system and compliance requirements.
