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Republic Bank is now the largest, locally owned bank, headquartered in Louisville, Kentucky with assets of $2.9 billion, yet they are very much aware that, there success is based on serving individual clients as if they were there only clients. There size enables us to offer a wide range of financial services including the Internet products on the web site for personal and commercial clients. |
The tax preparation marketplace is becoming increasingly competitive each year as the national tax franchises continue to aggressively expand. At Actax Solution Inc., we are dedicated to delivering the product, support and service that independent tax businesses require to succeed in this environment.
I invite you to browse through our Different Bank Products which we are going to support for this tax season. |
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| RAL (Refund Anticipation Loan): Offer taxpayers access to money typically in 24 hours or less. |
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 Taxpayers can control their bank fee by choosing the loan tier. |
| Loans include the full amount of Earned Income Tax Credit. |
| No minimum withholding amount required. |
| Reconsideration of declined RALs upon ERO request. |
| Preparation fees deducted from the loan and deposited into your bank account. |
| Loans of up to $8,000.00 are given within one hour of Republic receiving required files. |
| Allows ERO to provide tax preparation without collecting fees up front |
| NowRAL: For taxpayers who want money immediately, a NowRAL is the answer. |
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| Checks available in under one minute. |
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| Remainder delivered as traditional RAL at an additional fee or overage check at no charge. |
| Preparation fees deducted from the loan and deposited into your bank account. |
Taxpayers can receive their federal refund faster without paying any fees out of pocket with an ERC or ERD.
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| ERC: Electronic Refund Check (Federal) An ERC makes the refund available faster than an IRS-mailed check because the refund is direct deposited. |
| Refund is deposited into Republic Bank from IRS. |
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| Tax preparation fees are deducted and deposited into your bank account. |
| Refund check, less fees, prints in your tax office. |
| Taxpayer picks up check without the worries of a mailed check being lost or stolen. |
| ERD: Electronic Refund Deposit (Federal) The refund, less fees, is direct deposited to the taxpayer‘s bank account, with no need for a return trip to your office. |
| Refund is deposited into Republic Bank from IRS. |
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| Tax preparation fees are deducted and deposited into your bank account. |
| Refund, less fees, is deposited via ACH into taxpayer’s personal bank account or onto a stored value |
| card. |
| State ERC or ERD State products reduce your loss of preparation fees caused by un-funded Federal returns. |
| Refund is disbursed by check or direct deposit when State deposits funds into Republic Bank. |
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| Tax preparation fees are deducted and deposited into your bank account if the State refund |
| is received before theFederal refund. |
| Available for ALL States with electronic filing. |