Get Money Faster
Get money faster with BFS’s e-filing system and our Refund Anticipation Loan (RAL)1 or Electronic Refund Check (ERC)1. After IRS acceptance, your income tax refund anticipation loan is available in as little as 1 business day.
Qualified BFS customers can apply for a Refund Anticipation Loan (RAL). To qualify for a Refund Anticipation Loan, several requirements will be considered including the customer’s anticipated tax refund.
No Upfront Costs
If you choose a Refund Anticipation Loan (RAL) or Electronic Refund Check (ERC) there are no out-of-pocket payments required at the time of your tax preparation because all your fees can be withheld against the refund or loan amount.
When your loan is approved, tax preparation fees can be deducted from the loan amount and the balance of the loan is given to you. Your refund is used to pay back your loan.
How Do You Want Money?
Refund Anticipation Loan (RAL)- 24-48 hours; loan funds available through paper-check picked up in office or loaded on debit card2; no required out-of-pocket fees3; immediate e-filing of your return
Electronic Refund Check (ERC) - 8-15 days; funds available through direct deposit, paper-check picked up in store or debit card2; no required out-of-pocket fees3; immediate e-filing of your return
Electronic Filing (E-File)- 8-15 days (direct deposit)/15-22 days (checks mailed); electronic filing of tax return with IRS; funds available through direct deposit, check mailed, debit card2; immediate e-filing of your return
Paper Filing- 3-5 weeks (direct deposit)/4-6 weeks (check mailed), we prepare your return, you sign/mail/return paperwork to IRS, funds available through direct deposit, mailed check
Go Electronic
E-filing with BFS offers the most up-to-date and rapid processing of your tax return. Bowers Financial Services is an authorized IRS e-filer.
Can’t find the filing option that fits your needs? Ask your Bowers Financial Services tax professional to explain all the product options available.