How To Get Your Tax Preparation Fees Deducted From Your Tax Refund

Author: Pinnacle 1 – Goose Creek | | Categories: Personal Taxes , Tax Accountant , Tax Preparation

Blog by Pinnacle 1 – Goose Creek

Refund transfers are one way you can choose to receive your tax refunds. With refund transfers, you can use professional preparation services at no upfront costs, and then have your fee easily deducted from your refund. This way, you don’t have to pay upfront for the service of tax preparation.

As experts in the field, we at Pinnacle 1 – Goose Creek want to help you take advantage of this service. This is why we have written down information that can help you understand how a refund transfer works. 

Refund transfers are a great option for taxpayers who can’t afford or don’t want to pay tax preparation fees upfront. We partner with a bank that will deduct your tax preparation fee from your refund, making the payment process as stress-free as possible for you. In other words, you will not have to pay anything at the time we prepare your taxes - all of your fees will be deducted from your refund. As an added service, the bank offers a variety of advances on your tax refund that you can receive usually within 1-2 days, by check or by direct deposit. Advances on your tax refund are not guaranteed and are approved at the discretion of the bank.

To take advantage of this service, you will need to have all necessary tax documents before coming to the office. You will also need to have a valid form of ID. Most importantly, you will need to answer all questions truthfully. 

If you are looking for accounting, bookkeeping, and tax preparation in Goose Creek, South Carolina, reach out to us at Pinnacle 1 – Goose Creek. We have been serving clients locally and nationwide for over twenty years. Our goal is to make life easier for you – whether you are an individual needing help filing your tax return, or a business owner looking for help keeping your books or managing your payroll.

We offer services that include individual and business tax preparation, bookkeeping, and payroll to clients across Goose Creek, North Charleston, Hanahan, Moncks Corner, Ladson, and the surrounding areas. To learn more about the services we offer, please click here. To get in touch with us, please click here