Authorization Of Services And Disclosures (Page 3 of 3) in pdf

Authorization Of Services And Disclosures Page 3

Types of returns: (Part B of Auth Svc/Disclosure)

Paper

Client is responsible for payment of fees at time of service. Return is completed

by preparer based upon information provided by taxpayer, printed out and mailed

to IRS. The refund check will be mailed directly to the address on the return by

the IRS. (There is no accurate way of determining amount of time to receive a

refund check due to the uncertainty of when the return is actually received and

accepted by the IRS - you generally should expect the refund within 6 – 8 weeks)

Electronic Mailed/Direct Deposit

Client is responsible for payment of fees at time of service. Return is completed

by preparer based upon information provided by taxpayer and then transmitted

electronically to the IRS. You may elect to have the refund deposited directly into

your existing checking or savings account or have a check mailed from the IRS to

the address on the return. (Refer to IRS Refund Cycle Chart for approximate time)

*Transmission fee may apply.

Electronic Refund Check (ERC)

Fees are deducted from refund amount. Return is completed by preparer based

upon information provided by taxpayer and then transmitted electronically to the

IRS. Refund is deposited into a direct deposit account established by the bank and

check is then issued by the bank through the tax office printing the check.

*Transmission fee involved. Additional Bank fee of $ ____for federal; $ ____

for state.

Refund Anticipation Loan (RAL)

Fees are deducted from refund amount. Return is completed by preparer based

upon information provided by taxpayer and then transmitted electronically to the

IRS. Upon approval, client is issued RAL by the bank by means of the tax office

printing the check.

IRS deposits the refund into a direct deposit account

established by the bank which repays the loan. Should the amount of refund

deposited by IRS be less than the anticipated amount, client is responsible for

repayment of the balance of the loan to the bank. *Transmission fee involved.

Additional Bank fee of $ ____for federal; $ ____ for state incurred. Finance

charges apply.

Authorization Of Services And Disclosures Page 3