El Monte, CA CPA / Laura's Income Tax
Client Portal  

We have partnered with one of the best RAL Banks to bring you the fastest RAL delivery in the industry.

 

BANK PRODUCTS :

  1. Refund Anticipation Loan* (RAL)

  2. Express Refund Deposit (ERD)

  3. Express Refund Check (ERC)

  4. Instant Tax Refund Loan*

 

Refund Anticipation Loan* (RAL)

What is a Refund Anticipation Loan? It's a short term loan secured by the consumer's expected federal income tax refund.  (This product is not offered or recommended by the Internal Revenue Service)

How does it work?

  • Taxpayer may choose to receive his/her RAL funds through a check or via direct deposit to his/her personal bank account.
  • Adoption Taxpayer Identification Numbers (ATINs) and Individual Taxpayer Identification Numbers (ITINs) are accepted.
*Subject to credit approval and other qualifications. Refund Anticipation Loan (“RAL”) provided by the RAL Bank.  A Refund Account fee and a Finance charge are charged by the lender. Amount received may be reduced by debt owed for a prior RAL. At participating offices. Those who e-file with direct deposit without taking a RAL typically receive their federal income tax refund in 8-16 days.
 

Express Refund Check

What is a Express Refund Check? Taxpayer receives an amount equal to their anticipated federal or state* income tax refund (less fees) when the bank receives their actual refund from the IRS or state. (This product is not offered or recommended by the Internal Revenue Service or the Franchise Tax Board)

How does it work?

  • Taxpayer returns to your office to pick up the Refund Anticipation Check (less fees) in approximately 8-16 days.
  • All fees are deducted from the check or direct deposit amount, so our client pays nothing out-of-pocket.
*State Refund Anticipation Checks are not available through all of RAL Bank transmitter partners. Check with your transmitter to learn if they are participating in the RAL bank State Refund Anticipation Check program.
 

Express Refund Deposit (ERD)

What is a Express Refund Deposit? An ERD is the easiest and most cost-effective way for taxpayers to process their refund and pay for tax preparation services out of their refund amount. Taxpayer receives a direct deposit to their personal bank account in an amount equal to their anticipated federal and state income tax refunds (less fees) when the bank receives their actual refund. (This product is not offered or recommended by the Internal Revenue Service or the Franchise Tax Board)

How does it work?
  • Taxpayer receives their ERD (less fees) via direct deposit to their personal bank account in approximately 8-16 days.
  • All fees are deducted from the direct deposit amount, so our client pays nothing out-of-pocket.

Instant Tax Refund Loan*®

What is an Instant Tax Refund Loan? It is an $1,500 advance on a Refund Anticipation Loan. The Loan decision is received in approximately 35 seconds!  (This product is not offered or recommended by the Internal Revenue Service or the Franchise Tax Board)

How does it work?

  • The Instant Tax Refund Loan (Instant RAL) decision is returned in approximately 35 seconds (on average).
  • Our client could get a loan for up to $1,500 (subject to approval) before they leave the office.
  • The classic Refund Anticipation Loan ( minus the Instant Tax Refund Loan and bank fees ) is processed in as little as 24 hours.

*Subject to credit approval and other qualifications. Instant Refund Anticipation Loan provided by the participating RAL Bank. A Refund Account fee and a Finance Charge are charged by the lender. You may not qualify for a full or partial Instant RAL, but may qualify for a classic RAL as soon as 1 day later. Amount received may be reduced by debt owed for a prior RAL. At participating offices. Those who e-file with direct deposit without taking a RAL typically receive their federal income tax refund in 8-16 days.