LinyX Bank Products Integrations
Why Tax Professionals Use Bank Products?
The utilization of Bank Products has become influential in a Tax Office’s ability to retain existing clients and grow from season to season. For Tax Professionals and their clients alike, increased demand for Bank Products is clearly due to the many benefits they provide. With the valuable services that Bank Products offer, they should definitely be considered for any high-volume office and leveraged where needed.
How Does Tax Professionals Benefit?
Bank Products provide cash access to Tax Professionals via fee-based, non-interest-bearing business cash advances. Before-tax season begins, Pre-Season Cash Advances are made available by the Bank to help fund any marketing costs incurred by Tax Offices that help attracts new clients and retain current ones. During the season, In-Season Cash Advances can also be leveraged to manage operating costs such as salaries and other expenses. Bank Products provide these fee-based, non-interest-bearing loans along with other valuable tools and incentives that help drive a high-volume Tax Office.
How Do Your Taxpayers Benefit?
Bank Products provide a variety of beneficial features to taxpayers. Firstly, with all Bank Product use, there is no need for taxpayers to pay any upfront fees due to the Tax Office; these fees later get deducted from the client’s tax return when funded. Secondly, taxpayers gain access to their refund through a variety of convenient disbursement options: Debit Card, Money Card, Check, or Direct Deposit. More progressive Bank Product companies on our list provide even more options like Taxpayer Cash Advances at reasonable fees. The more options Tax Professionals offer their clients, the more likely they will retain them and attract new ones.
TPG
- Up to $18,000 in pre-season business cash advance if you are a returning TPG client.
- In-Season Prep Fee Advance: Receive 70% of your requested fees within 24 hours of IRS acceptance (up to $400 per return), maxed at $150,000.
- Up to $6000 taxpayer cash advance for your clients, plus an additional $1000 with Advance Plus (interest-bearing).
- Payment options such as Walmart Money Card for quick cash access.
- Integrated with all Top Software for 2021.
Refund Advantage
- Case by case pre-season business cash advance.
- In-Season Prep Fee Advance: Receive up to 50% of fees within 24 hours of IRS acceptance (up to $300 per return), max determined case by case.
- Up to $5000 taxpayer cash advance for clients subject to funding rate qualifications.
- Debit Cards for clients quick cash access.
- Integrated with all Top Software for 2021.
Republic Bank
- Pre-season business cash advance amount up to $40,000.
- In-Season Prep Fee Advance: Receive up to 50% of fees within 24 hours of IRS acceptance, at a non-maxed amount.
- Up to $5000 taxpayer cash advance for clients subject to qualifications.
- Debit Cards for clients quick cash access.
- Integrated with all Top Software for 2021.
LINYX OFFERS 24/7 AUDIT ASSISTANCE
LinyX Technology Group Audit Assistance is here to help and walk you through the steps to satisfy requests that the IRS makes in order to get your client their refund. Let the professionals at Audit Assistance handle your client’s audit to help you get them to get the refund they are due. Audit Assistance will handle all correspondence between your client and the IRS for just a small fee.
Covers denied credits even if the return has not been funded
- EITC
- Child Tax Credit
- Additional Child Tax Credit
- American Opportunity Credit
- First Time Homebuyers Credit
- W-7 reject