Software TrainingTax ResearchTax Prep School
Tax Tools
Knowledge BaseClient Portal
Facebook
Twitter
LinkedIn
YouTube
Instagram
866-386-4769
White logo
  • Tax Software
    • Sigma 1040-EZ
    • Sigma 1040-CL
    • Sigma 1040-DR
    • Sigma 1040-TW
  • Bank Products
    • PayDash
    • TPG
    • EPS Financial
    • Refund Advantage
    • Republic Bank
    • Refundo
  • Mobile Apps
  • Managed Services
    • Bank Product Offices
    • E-File Offices
  • Creative Services
    • Website Design
    • Social Media
    • Brand Identity
    • Co-Branding
  • Revenue Boosters
    • Audit Assistance Program
    • Resellers Program
  • About
    • About Us
    • Meet The Team
    • Contact Us
    • Customer Support
    • Press Releases
    • Video Library
    • Blog
    • Sigmania
Product was added to your cart

Cart

DOWNLOAD DEMOS

NEWS / PRESS

Sigma Tax Pro Advises Tax Preparers To Use Taxpayer Cash Advances This Tax Season

January 19, 2018Sigma Tax Pro

Taxpayer cash advances are a big incentive to bring in new clients, tax professionals must have this option available to ensure they do not lose business to competitors

(PRWEB) JANUARY 19, 2018

As the IRS delays the funding of returns again this year for millions of American taxpayers, the option of receiving a cash advance on a refund is very attractive. Most of the major players in the tax preparation industry are offering this product including, H&R Block and Jackson Hewitt. Independent tax professionals will want to be able to compete and have their own cash advance available to taxpayers. Fortunately it is quite simple to offer this option and requires tax pros to sign up with an IRS approved refund transfer provider such as TPG, Refund Advantage, EPS, Republic Bank or Refundo.

The refund transfer provider will advance the taxpayer anywhere from $500 to $2,500 depending on their underwriting guidelines. Ian Gardner from Sigma Tax Pro notes an important distinction, “These advances are not based on the taxpayer’s credit but on the information submitted in the tax return”. The advance will be given to the taxpayer on debit card or a check. Once the tax refund is funded the IRS transmits the refund to the refund transfer provider who will then pass on the balance of the refund minus the advance to the taxpayer. In the event that the IRS does not fund the refund there is no recourse to the tax professional or the taxpayer.

Many tax professionals already use refund transfer providers as a way to collect their preparation fees directly from the taxpayer’s refund. There are many advantages to working with refund transfer providers including pre-season loans for tax professionals, in-season advances on preparation fees and a variety of disbursement options for taxpayers.

Sigma Tax Pro provides a full range of essential services for tax pros. This includes industry leading software solutions as well as technical support, tax preparation support and client retention strategies. Sigma Tax Pro specializes in helping tax preparation firms expand their businesses, open new offices and increase their client base.

For the original version on PRWeb visit: http://www.prweb.com/releases/2018/01/prweb15102478.htm

 

Categories

  • Press Releases
  • Professional Tax Articles

Recent Posts

  • Tax Preparation Firms: Client Capital Loss Deductions
  • How To Start or Grow a Successful Tax Business
  • Tax Preparation Firm Challenges in Tax Season 2022
  • Tax Preparation in the Era of Cloud Migration
  • Benefits of Bank Products with Professional Tax Software

Contact

Sigma Tax Pro LLC:
955 NW 17th Ave #E
Delray Beach, FL, 33445

Phone: 1 (561) 450-6422
Toll Free: 1 (866) 386-4769

Fax: (888) 742-6013

Email: [email protected]

Facebook
Twitter
LinkedIn
YouTube
Instagram
Click for the BBB Business Review of this Tax Software in Delray Beach FLInc5000 logo2020 Software

Services

SIGMA 1040-EZ Tax Software
SIGMA 1040-CL Tax Software
SIGMA 1040-DR Tax Software
SIGMA 1040-TW Tax Software
Managed Services
Creative Services

Bank Products:
Tax Products Group
EPS Financial
Refund Advantage
Republic Bank
Refundo

Tax Preparation Support

About Us

Sigma Tax Pro is dedicated to providing professional tax preparers with high grade, comprehensive solutions at the lowest prices available. Our mission is to enable tax preparers to maximize their revenue and increase their client satisfaction. We have a deep understanding of our clients’ needs and aim to provide an unparalleled overall experience.

Copyright © . Sigma Tax Pro LLC. Returns and Refunds Policy / Terms of Use / Privacy Policy . All rights reserved. Another site by Damn Good Agency.

Thank you for your feedback!