Tax Resource Center
Terms and Conditions

Electronic Filing: Tax returns prepared at Tax Resource Center will be electronically filed. This method is growing quickly and the IRS and State Tax offices plan to eventually do away with paper returns in favor of electronically filed
ones.

One reason for the increased popularity is the taxpayers receive their refund in two to three weeks rather than the six to eight weeks it takes to process a return which is mailed. The IRS also likes the fact that there are far fewer errors on electronically filed returns than on returns that are mailed. Taxpayers who owe can take comfort in knowing that their returns have been received by the IRS and not lost in the mail. The fee for electronic filing is $50.00.

Refund Anticipation Loans: If you want to receive your refund the same day or the following day upon filing your tax return you may request for a Refund Anticipation Loan (RAL). RALs are consumer loans made by a lending institution to an individual or individuals. It is a loan secured by the taxpayer's expected refund. By signing the RAL agreement, the taxpayer pledges their refund to repay the loan. The Bank charges a fee for the RAL, in addition to the ERO's tax preparation fee. The bank fee is based upon the amount of the loan being requested. The bank may also decline to make a loan. Clients who request Refund Anticipation Loans and are not approved by the bank will receive a 2-WEEKS Check.

2-WEEKS Check: The 2-WEEKS Check is offered to clients who did not qualify for, or did not want an Refund Anticipation Loan. Taxpayers have the convenience and security of electronic filing with no out-of-pocket expenses. The tax preparation fees, bank fees, and other fees associated with the return will be deducted from the refund and the remaining amount of the refund will be provided to the taxpayer in a bank check form. The clients may choose between receiving their check in the tax office, or having it deposited directly to their checking account (See Direct Deposit). The 2-WEEKS Check program is especially convenient for those clients who did not have a checking account. The bank will authorize the check when the IRS deposits the taxpayer's refund. The availability of the check is usually 9-21 days from the date the electronic return is acknowledged by the IRS. The bank charges a flat fee for the 2-WEEKS check in addition to the ERO's tax preparation fees.

Direct Deposit: If the taxpayer does not want a RAL or a 2-WEEKS Check, he or she may have their refund deposited into a checking account. The tax preparation fees, bank fees, and other fees associated with the return will be deducted from the refund and the remaining amount of the refund deposited into their checking account. ONLY IN THE CASE WHERE THERE IS NOT ENOUGH MONEY TO PERMIT THE FEES TO BE DEDUCTED FROM THE REFUND WILL TAX RESOURCE CENTER ACCPT PAYMENT IN THE FORM OF A CHECK OR CASH.

Accuracy Audit Guarantee: When Tax Resource Center prepares your return, The Audit Protection Firm will guarantee that their answer is right or pay your penalties if wrong! Through Comprehensive Audit Protection you will be covered for all accounting fees for the audit no matter how long it takes! The guarantee covers both federal and state audits as well. With three years of tax return reviews you will be able to submit copies of your return, and have your return reviewed for omitted deductions. The fee for the Accuracy Audit Guarantee is $25.00, and is included in the service bureau fee. All returns are provided with this guarantee automatically. The Accuracy Audit Guarantee simply means that each and every entry on your tax return is right, or Tax Resource Center will be responsible to pay interest and/or penalties incurred during the tax period for the return being reviewed.

Refund Offsets: If a taxpayer and/or their spouse owe money to the IRS or another agency, the amount owed may be deducted from their expected refund. The IRS offsets as much of the refund as needed to pay off overdue taxes owed by taxpayers, and notifies them when this occurs. The Debt Set-Off Office also offsets the taxpayer's refunds to pay off past-due child support, or Federal agency debts such as student loans. Offsets to non-tax debts occur after the Bank has certifies the refunds, and before making the RAL, the 2-WEEKS Check, a Direct Deposit, or issuing a paper check. Refund offsets reduce the amount of the expected Direct Deposit or paper check, and will delay the issuance of the remaining refund (if any) after offset.

By clicking the "YES I AGREE" button located at the bottom of this page, you represent to Tax Resource Center that you have read the Terms and Conditions. Thank you for filing with Tax Resource Center, if you have any questions please call Customer Service at 1-800-428-7244.