Give your clients the power to file for $0 upfront with a Pay-by-Refund¹.
Grow your business and get paid securely for your services. It takes nothing out of your pocket to enroll.
No cost to you. No monthly minimums. No minimum volume requirements.
If you are looking for more information on Bank Products, check out the webinar series below as well as the Bank Usage resource page.
How It Works
Enroll
Choose from two bank partners to process and distribute your client’s refund.
File returns
Complete the integrated Pay-by-Refund¹ form that is already in your software, then file normally.
Processing
The IRS will deposit refunds into a temporary client account authorized by your client at the bank partner you chose. The IRS typically process e-filed tax returns in less than 21 days unless it needs further review.
Disbursement²
The bank withholds all associated fees, distributing funds to you and the net refund to your client.
Options to fit your practice
TaxAct® Professional has partnered with two different financial institutions for you to choose from.
With over 30 years of industry experience, Santa Barbara TPG offers more tools to grow your tax practice.
Enroll NowEnrollment is open year round.
Republic Bank has over 25 years of experience in the e-file industry and competitive program features you can pick from.
Enroll NowEnrollment is open now through 5/21/2024.
Marketing Resources for Use with Your Clients
“After starting the bank refund transfers and advances, my practice grew from 40 clients the first year to 150 Clients the next season all because of the ease of use of TaxAct Professional product and offering my clients bank products the opportunity of not having to come up with the money to get their taxes done. “
Felicia Ward, Marque, TX
Photo of representative is for illustrative purposes only.
Have questions or need help choosing?
Call the TaxAct Professional Sales Team at 319.536.3571 or prosales@taxact.com. They are available weekdays between 8am and 5pm CT.
Bank Products are offered by Republic Bank & Trust Company, Member FDIC and by Santa Barbara Tax Products Group, LLC, (TPG), a Green Dot Company, through Green Dot Bank, Member FDIC.
¹Pay-by-Refund (which refers to Refund Transfers) and Cash Advances are offered by Republic Bank & Trust Company, Member FDIC and Santa Barbara Tax Products Group, LLC (TPG), a Green Dot Company.
Pay-by-Refund refers to a Refund Transfer which is a fee-based product offered by Republic Bank & Trust, Member FDIC. A Refund Transfer Fee and all other authorized amounts will be deducted from the taxpayer’s tax refund.
Pay-by-Refunds offered by TPG, a Green Dot Company, are deposit products using Civista Bank, Member FDIC, that enable certain deductions from the account to be processed. Pay-By-Refunds are not loans. Tax refund and e-filing are required in order to receive Pay-By-Refund. Fees apply. Terms and conditions are subject to change without notice.
²If a customer chooses direct deposit, it may take additional time after the disbursement of the funds for their financial institution to post the funds to their account.
³Separate fees apply for the Marketing Pro Service. For additional details, see https://www.sbtpg.com/marketing-pro/
TaxAct, Inc. gets fees from some third parties, including Republic Bank and Santa Barbara Tax Products Group, LLC (TPG), that provide offers to its customers. This compensation may affect what and how we communicate Republic Bank or Santa Barbara Tax Products Group offers to you. TaxAct is not a party to any transactions you may choose to enter into with Republic Bank or Santa Barbara Tax Products Group, does not itself offer legal, financial, or investment advice, and disclaims any liability arising out of such transactions. Please see Republic Bank and Santa Barbara Tax Products Group’s websites for full terms and conditions.