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If you expect a refund on your federal income taxes, you want to get that refund as quickly as possible. Rapid refund is a way to get your federal tax refund back quickly.
Significance
Taxpayers who need cash quickly to pay bills or for other necessities can receive a loan against their expected refund.
Time Frame
You can receive a rapid refund loan in as little as one to two business days after the Internal Revenue Service (IRS) accepts your tax return.
Cost
Many tax services offer rapid refunds for as little as $15.00. Some services charge a fee plus 1 percent of the refund amount.
Alternatives
If you have have a simple return, you can e-file your taxes for free and have your refund deposited directly into your bank account in as little as 10 days.
Warning
You should choose your tax preparer carefully. If your tax return is prepared improperly, you will have to pay back any money received from a rapid refund loan.
Source:
Rapid Tax Refund: Rapid Tax Refund - Fast Tax Refund in Fastest way Possible
RapidTax.com: Tax News & Alerts
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