Grow your practice and increase your revenues while providing additional services for your clients. ATX Bank Products require no cash investment on your part and they are built right into your tax prep software.
ATX partners with all the leading banks to offer a variety of bank product programs and lucrative incentive plan. These partnerships bring you the best collection of financial services to meet your clients' needs and offers a marketing plan that could help you increase the profits of your practice.
**We provide a broad range of marketing and point-of-purchase materials, redesigned every year with fresh new graphics and creative ideas. They will help you get new clients in the door without the time and expense of creating your own marketing materials. Click here to learn more. **
Banks:
Features:
And you have access to the widest variety of bank product options:
- Refund Anticipation Loan (RAL)
For individuals who have an immediate need for their tax refund,
the RAL may be the product of choice. The bank will lend funds
on the anticipation of the taxpayer's refund being deposited
from the IRS to cover the loan. Typically, these loans are granted
within 1-3 days. Once the loan is approved you can print the
RAL check. Your fees are then deposited into your account within
a few days of printing the check.
- Electronic Refund Check (ERC)
The ERC is the answer for taxpayers who do not want a refund anticipation loan and who need or want a paper check. After the IRS deposits the refund (10-14 days after the return is accepted), the bank deposits your fees in your account and you print a check for the balance for the taxpayer. You get your fees and there's no risk of loan losses.
- Direct Deposit Refund Anticipation Loan (DDRAL)
Perfect for taxpayers who have an immediate need for their tax
loan proceeds and have a bank account. The bank will lend funds
on the anticipation of the taxpayer's refund being deposited
from the IRS to cover the loan. Typically, these loans are granted
in 1-2 days. Once the loan is approved, your prep fees are deposited
into your bank account and the balance of the loan proceeds
are deposited into the taxpayer's bank account.
- Direct Deposit Refund (DDR)
Like the ERC, this product is not a loan. When the IRS deposits the refund (10-14 days after the return is accepted), the bank deposits your fees into your account and the balance into the taxpayer's personal account. There are no checks to print.
CCH SFS is not a lender, broker or originator of bank products.
Bank products are offered by participating banks.
Participating preparers must be qualified and approved by the bank.