Refund and Loan Options

With PRO-TAX’s Refund and Loan Options, Electronic Refund Check or Deposit (ERC or ERD)* or Refund Anticipation Loan (RAL)*, you now have more ways to receive money than ever before!

Interested in a Refund Anticipation Loan (RAL)*? You may not know this but only select tax firms in America are able to offer Refund Anticipation Loans (RAL)*. Because of PRO-TAX outstanding track record of quality services to its clients, we are one of those select firms. If you need some money quickly,we can offer you a RAL*, and get you money fast at PRO-TAX.

If you don’t mind waiting a few weeks for your refund and paying your PRO-TAX fees up-front, you can receive your refund as a paper check directly from the IRS. 

Visit your local PRO-TAX office to discuss which of the following options is right for you:

• Electronic Refund Check or Deposit (ERC or ERD)* – Your refund less fees is typically ready in 7-13 days.  You will pick up the check at your local PRO-TAX office or receive your refund less fees into your account via direct deposit.  All fees are deducted from the refund, so no payment is required at the time of service.
• Refund Anticipation Loan (RAL)* – You may be eligible to receive a Refund Anticipation Loan (RAL)* within 24 hours.  In some instances, you might be able to get money the same day.  
• You may receive an ERC or ERD by check, direct deposit or conveniently loaded to a Money Clip** prepaid card you receive when you check out.  With the prepaid card option, there is no need for multiple trips back to PRO-TAX to pick up checks and there are no check cashing fees.
• You may receive a RAL by check or direct deposit into your own bank account.
• Electronic Refund Check (ERC) for State* – You can also get your state refund using our ERC option.  ERC’s are available for all states offering electronic filing, and there is no additional charge for the processing of your State refund if you choose a RAL* or ERC* for your Federal Refund.
• IRS Direct Deposit – If you don’t want an ERC* or RAL* and you have a bank account, we can electronically file your tax return and have the refund direct deposited into your checking account.  Typically with this option, it takes about 7-13 days for you to receive the deposit. 
• IRS Check – If you don’t want an ERC* or RAL* and do not have a bank account, we can electronically file your tax return and have the IRS send you a check in the mail.  Using this option, it typically takes about four to six weeks for you to receive your money.

^*A Refund Anticipation Loan (RAL) is a loan secured by your tax refund and is offered by Republic Bank & Trust Company to qualifying applicants, and is available to Electronic Refund Check or Deposit (ERC or ERD) customers. If approved for a RAL, a Finance Charge and Credit Investigation Fee will apply. RAL proceeds are available within 24 hours of IRS acceptance. A Tax Refund Administration Fee and other fees may apply for the ERC or ERD, and will be deducted from the customer’s tax refund. Visit your tax preparer to learn about all filing and product options, including obtaining your refund without a loan and at no additional cost.

**Money Clip^SM is a product provided by Republic Bank, a Federal Savings Bank. Republic Bank and Re­public Bank & Trust Company are subsidiaries of Republic Bancorp, Inc. Rebate of $20.00 of Tax Refund Administration Fee (TRAF) from Republic Bank & Trust Company requires a direct deposit of Federal Tax Refund, or a portion there of, into a new Money Clip Card account. Rebate of $20.00 may take up to 3 business days to load to the card.