Refund Anticipation Check
Refund Anticipation Checks (RACs) as an alternative to RALs
For RACs, the tax preparer opens a temporary bank account so that the IRS can directly deposit a tax filer’s refund into the account.
Tax preparation and RAC fees are deducted before the taxpayer receives the refund.
Over RACs via Bank Refundo is cheapest in the area.
You pay this fee to Bank Refundo and we do not charge any add-on fees.
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