If you choose not to have your refund electronically deposited you will receive your refund from the Dept. of Treasury on a paper check mailed to your address.
Electronic Deposit into your Bank Account
You can have your refund electronically deposited into your bank account. This is the fastest way to receive your refund. There is no fee for this service. The IRS has reduced the time it takes to process your refund and the refund can be received in less than 10 days.
Cashiers check issued by a Third Party Bank
We offer cashiers checks issued on a Third Party Bank. If you do not have a bank account and want to have your refund electronically deposited into a bank account and receive the refund check at our office then you can sign up to have your check received at our office. Once the IRS issues your refund, the refund proceeds are deposited with our third party bank, the bank then electronically transmits the check to our office for printing. The tax preparation fee can be withheld from your refund. The bank does charge a small fee for this transaction.
Beware of Scams involving IRS Refund checks issued to tax preparers
You should never have your IRS refund deposited into your tax preparer's own bank account. A reputable preparer will not have allow you to have your refund deposited into their account. There have been many scams where the preparer will prepare 2 returns one for you and one issued to the IRS. The return issued to the IRS will be for a higher refund amount than the return copy that the tax preparer gives to you. When the tax preparer receive the IRS refund check, the preparer will give you a check for the refund amount shown on your return and keep the difference. If the IRS finds a discrepancy on your return, the taxpayer will be responsible for paying the back taxes owed. The IRS frowns upon tax preparers receiving checks on behalf of taxpayers and can issue penalties if tax preparers are caught doing so.