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Tax preparation companies
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What is a tax refund anticipation loan?
A tax refund anticipation loan is a loan offered by a third-party company against a taxpayer’s expected income tax refund.
Do any companies still offer anticipation loans?
However, there are some companies that do still offer anticipation loans, although they look much differently than the expensive ones of the past. These are the most popular: TurboTax Refund Advance can give you up to $3,000 in less than a day! They estimate that most loans will be closed within 3 hours of IRS acceptance of the tax return.
Where can I get an advance loan with my tax refund?
Liberty Tax 鈥?Liberty Tax offers easy advance loans in the amount of $500 鈥?$1,300 for tax payers who qualify. These loans are secured by your tax refund are available in the form of a check printed in the office, prepaid MasterCard or direct deposit.
Which tax preparation services offer 0% interest tax refund loans?
If you need cash while waiting for your income tax refund, some tax preparation services 鈥?including Jackson Hewitt, HR Block and TurboTax 鈥?offer 0% interest tax refund loans. Instead of having an interest rate and repayment terms, the tax preparation service lends you money and reclaims it through your return.