More Profitable
Tax Preparation
Fast Refund Cost
($14.00 to $19.00 each)
* based on volume
Software Cost
(none!)
Check Stock Cost
($13.45 shipping)
once yearly
regardless of volume
REQUIREMENTS
Business
current IRS EFIN
commercial office
Equipment
computer & printer -
i.e. laser or inkjet
Internet Browser
Chrome, Firefox, or
another internet browser
(Chrome for check printing)
Internet
Low or High Speed
Tax Filing Software
Your Choice!
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Our Direct Price for an Electronic Refund Check (PERC)
or Electronic Refund Transfer (PERT) is
$14 to $19.00
depending on total yearly volume.
- The starting rate of $19.00 for new customers is adjusted retroactively with a year-end rebate so that the location pays only the volume-based price for all funded socials that year.
- The rate based on year-end volume carries over to the following year!
- There is no software to purchase!
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YOU set the price to your customer.
So, whether you want to increase your profit per existing
return
or offer taxpayer savings to INCREASE the number of returns,
we offer a way to increase profit.
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Here is an example of how one location used our service instead
of allowing a competitor bank to add $34.00 to the taxpayer fees:
The location set the Preferred Electronic Refund Check fee at the
same $34.00 price and included it in his total fees to the taxpayer.
The customer's IRS refund was $3,000.00, from which
we deducted the location's total fees of $134.00.
Our fee to the location was $16.00. So, the location printed
themselves a fee check of $118.00 ($134.00 - $16.00).
Using a competitor's product, the total price
to the taxpayer would have been the same.
However, the location earned $18.00 more
by processing through PPS LLC.
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Below is a calculator and our pricing schedule. With it, you can determine how much more can be earned using our services without changing the price. Given the advantage, it is easy to see why our customers have switched all their ERCs and a large part of their RAL customers to PERCs. (It is also better for the taxpayers.)
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Instructions: (calculator requires Javascript)
1. Enter competitor price (including technology fee, etc)
2. Enter number of refunds
3. To calculate, select your volume-based cost based on our price table.
(The result displayed will be your additional profit if you charge the competitor price.)
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Earnings
Calculator
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Our Direct Wholesale Price Schedule
*
Volume in SSNs
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NET Year-End
price per PERC/PERT
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| 0 - 100 |
$19.00
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| 101 - 300 |
$17.00
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| 301 - 500 |
$16.00
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| 501 - 600 |
$15.50
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| 601 - 1000 |
$15.00
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| 1001 or more |
$14.00
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Additional Deposits for a taxpayer - $8.00/social
(i.e. state and federal)
IF you wish us to Electronically Deposit the Taxpayer's funds
into Taxpayer's Existing Account (after applying your fees etc.),
we can do so at the same low prices.
We charge each location $13.45 per year
for the Initial Shipment of Check Stock.
Additional Check Stock for the year is FREE
Additional shipping fees (only if you require special shipping i.e. rush)
Download a Contract and mail or FAX it to us
to start making more money with your bank products!
2021 Contract
Your browser, Adobe Reader, or free .pdf viewer
below can be used to
print our contract.
Download Foxit Reader
CALL or E-MAIL TODAY!
e-mail
Voice
254-230-4700
FAX
800-208-3079
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Preferred Processing Solutions LLC
1512 Lake Air, Suite 105
Waco, TX 76710
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The following fees are reserved for unusual circumstances:
Stop Payment fee - $29.00 ( only if necessary for lost/stolen
check etc.) So, most check re-prints are free.
We charge $13.00 for any check which clears the bank with an incorrect
check number. (This fee is intended to discourage distribution of invalid checks.)
Re-printing checks without distributing incorrect ones does NOT result in this fee.
A similar fee applies when the distribution type i.e. EFT or check is changed AFTER a funding file is received and processed OR when an EFT is returned by the taxpayer's bank and must be manually re-processed.
That's it. No hidden fees and you make profit that normally goes to the bank!
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based on number of socials
with Preferred Electronic Refund Checks (or direct deposits) processed and funded through our company
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based
on your company's previous volume with our
company - Once you reach a price level based on previous business with
us, we hand out the year-end rebate up front in the form of
a lower up-front price. We don't see any need to hold back YOUR money.
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