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Written by Kurt Martin
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Wednesday, 10 February 2010 17:10 |
After removing information from the Bank Products section of its Web pages for the ProSeries tax preparation software in January, Intuit has reposted information about the companies that providing services. The information was removed after the withdrawal of Santa Barbara Bank & Trust from the Refund Anticipation Loan market.
Intuit provided little press material about its plans during the period in which most preparers would have signed up for programs. However, the Web page lists information about refund transfers offered by the Santa Barbara Tax Products Group, which was the unit spun out of the bank. The new organization, backed by an equity investment group, does not offer RALs. Intuit noted that functionality needed to provide refund transfers is included in ProSeries and ProSeries Basic.
The company also offered a link and information about the RAL program provided by Refund Advantage, noting that RALs might be available to tax preparers on a case-by-case basis
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Kurt Martin |
| About the author: |
| Kurt Martin is a Founder and Group Publisher of Progressive Media Group (PMG) and the Publisher of The Progressive Accountant. During his tenure as Publisher of The NonProfit Times, he grew the imprint from a single newspaper to a community of websites, online job boards, email newsletters and digital editions of the print editions. Prior to taking the role of Publisher he was the East Coast Sales Manager for Broad Daylight, Inc. a knowledgebase company. He also held management roles in advertising and ciruculation sales at American Banker/Bond Buyer (Thomson), Faulkner & Gray (Thomson) and SourceMedia's Accountants Media Group (Investcorp.) Kurt graduated from Montclair State University with a B.A. in Political Science and Public Administration. |
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