Pre-Acknowledgement Advances

Pre-Acknowledgement Advances are prior to the IRS opening. The banks commence payouts starting January 2nd. If your client wants to know if they were approved for an advance, you can enter their cell phone number to receive an alert on their status. All communications come straight from the bank. You can obtain their approval status from the dropdown toolbar located in the client list. Select client name>client status>view acceptance. WARNING: The bank does not always correctly communicate the interest to the software. Some advances have interest and some are interest free (the interest is not always correct).

Regarding advances and refund payouts, you can have these put on a card for the same day or sent as a 24 hour direct deposit. Checks will be printed in our corporate office and mailed to you within 3-4 business days.

The bank will charge a $75 marketing fee for pre-ack advances, which will be paid from your prep fees.